13th Aug 2026 10:36
13 August 2026
discoverIE Group plc
Director / PDMR Shareholding
discoverIE Group plc (LSE: DSCV, "discoverIE" or "the Company"), a leading international designer and manufacturer of customised electronics to industry, announces that, on Monday 3 August 2026, Simon Gibbins, Group Finance Director, acquired 4,603 Ordinary Shares pursuant to a dividend reinvestment plan ("DRIP") and that, on Wednesday 12 August 2026, Clive Watson, Non-Executive Director of the Company, acquired 343 Ordinary Shares pursuant to a DRIP.
Following the acquisitions, Mr Gibbins has an interest in 442,686 Ordinary Shares, representing approximately 0.45% of the Company's issued share capital and Mr Watson has an interest in 37,479 Ordinary Shares (approximately 0.04%).
The following disclosures are made in accordance with the UK Market Abuse Regulation.
For further information, please contact:
discoverIE Group plc
Greg Davidson - Company Secretary 01483 544 500
Buchanan
Jamie Hooper, Toto Berger 020 7466 5000
Notes to Editors:
About discoverIE Group plc
discoverIE Group plc is a leading international group of businesses that design and manufacture customised electronic components for industrial applications.
The Group supplies application-specific components to original equipment manufacturers ("OEMs") internationally through its two divisions, Magnetics & Controls and Sensing & Connectivity. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of long-term repeating revenue is generated.
The Group focuses on key target markets driven by structural growth, increasing electronic content and sustainability, namely industrial automation & connectivity, security, renewable energy, medical and the electrification of transportation. With this focus, the Group aims to grow well ahead of GDP through the economic cycle and to supplement that with complementary acquisitions, compounding growth. The Group is committed to reducing the impact of its operations on the environment in order to reach net-zero.
The Group, which has made 30 acquisitions in the last 15 years, employs c.4,600 people across 21 countries with its principal operating units located in Mainland Europe, the UK, China, Sri Lanka, India and North America.
discoverIE is listed on the Main Market of the London Stock Exchange and is a member of the FTSE 250, classified within the Electrical Components and Equipment subsector.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Simon Gibbins | ||||
2 | Reason for the notification | |||||
a) | Position / status | Group Finance Director | ||||
b) | Initial notification / amendment | Initial notification | ||||
3 | Details of issuer | |||||
a) | Name | discoverIE Group plc | ||||
b) | LEI | 213800BMDLQU1VEEAN68 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares
GB0000055888 | ||||
b) | Nature of the transaction | Acquisition | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 3/8/2026 | ||||
f) | Place of the transaction | LSE | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Clive Watson | ||||
2 | Reason for the notification | |||||
a) | Position / status | Non-Executive Director | ||||
b) | Initial notification / amendment | Initial notification | ||||
3 | Details of issuer | |||||
a) | Name | discoverIE Group plc | ||||
b) | LEI | 213800BMDLQU1VEEAN68 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares
GB0000055888 | ||||
b) | Nature of the transaction | Acquisition | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | N/A | ||||
e) | Date of the transaction | 12/8/2026 | ||||
f) | Place of the transaction | LSE | ||||
Related Shares:
DiscoverIE