09:15 Wed 21 Feb 2018
discoverIE Group plc - Issue of Equity
discoverIE
ISSUE OF SHARES
discoverIE
Following Admission, which is expected to take place on
The above figure (71,417,856) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the
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discoverIE
Notes to Editors:
About discoverIE
discoverIE Group (LSE: DSCV; previously
The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally. With in-house engineering capability, we are able to design components to meet customer requirements, which are then manufactured and supplied, usually on a repeating basis, for their ongoing production needs. This generates a high level of recurring revenue and long term customer relationships.
By focussing on key markets which are driven by structural growth and increasing electronic content, namely renewable energy, transportation, medical and industrial connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with targeted complementary acquisitions.
The Group employs c.4,000 people and its principal operating units are located in Continental Europe, the
The Group is listed on the Main Market of the
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