Welcome to the investor relations section of the 600 Group website, where you will find key financial and investor data. This section plays a key role in our investor relations activities.
The 600 Group PLC is an industrial laser technology business with a diversified, blue-chip customer base. It designs and supplies industrial laser systems for applications in end-markets ranging from industrial and aerospace to medical and pharmaceuticals.
The Group operates through two brands, TYKMA/Electrox and Control Micro Systems (CMS), providing standard and specialized laser solutions, including marking, drilling, cutting and welding attributes.
Following the sale of 600 Group’s legacy Machine Tools Division its operations are focused on accelerating growth from this higher-margin sector where its existing businesses already have a strong global customer base. The Group’s strategy is to utilize its expertise and position to expand internationally into these high-growth, but fragmented, markets – both organically and through value-accretive acquisitions.
This strategy gives investors access to a growth market with substantial recurring revenues and sales diversified across both geographies and sector applications.
- Compelling growth strategy with operations streamlined around the high-margin industrial laser systems
- Strong foothold in the US market and plans for further international expansion in high-growth emerging markets
- Huge addressable market (currently $5.6bn) with applications spanning industrial, aerospace, medical, pharmaceutical, consumer, electronics and defence
- Blue-chip customer base with a reliable stream of recurring revenues
- Diversified revenues from selling into a wide range of geographies and end-markets
- Strong market dynamics driven by legislation and requirements for traceability of products
- Own IP – proprietary technology and software
- Pricing power from strong brand recognition and customised offering
- Strong financial position with net cash balance
- Management interests aligned with shareholders
- Commercial momentum – multiple recent large contract wins, record orderbook and enquiry pipeline
- Opportunity to consolidate a highly fragmented market and accelerate growth through strategic, value-accretive acquisitions
At 10 November 2022, the Directors had been informed of the following interests in shares of 3% or more of the issued ordinary share capital of the Company:
|Number||Percentage of issued ordinary share capital|
|Haddeo Partners LLP||23,492,535||20.00|
|Mr A Perloff and the Maland Pension Fund Trustees||10,600,000||9.02|
|Pruta Securities (Jersey) Limited||5,000,000||4.26|
|Phillip J Milton & Co. PLC||4,548,964||3.9|
|Mr T Miller||4,500,000||3.83|
|Milton UK Microcap Trust plc||3,846,154||3.27|
The total number of shares in issue is 117,473,341. The Directors have not been notified that any other person had a declarable interest in the nominal value of the ordinary share capital amounting to 3% or more.
The number of shares not in the public’s hands is 28,925,939 – 24.62%.
The Company is subject to the UK City Code on Takeovers and Mergers.
There are no restrictions on the transfer of the securities.
There are no other exchanges or trading platforms on which the company has applied or agreed to have any of its securities admitted or traded.
|Next Year End||31 March 2023|
|Next Preliminary Announcement||August 2022|
|Next Annual Report and Accounts||September 2022|
|Next Annual General Meeting||September 2022|
|Next Interim Period End (to be reported)||30 September 2022|
|Next Interim Announcement||10 November 2022|
|Registered Office||42 Berkeley Square
London, W1J 5AW
29 Wellington Street
|Bankers||Bank of America Merill Lynch
HSBC Bank plc
|Broker and Nominated Adviser||Cenkos Securities plc
6, 7, 8 Tokenhouse Yard
|PR||Instinctif Partners Limited|
This information is being disclosed for the purposes of AIM Rule 26.
The information was last updated on 10 November 2022.
Description of the Business
The 600 Group PLC (“the Group”) is incorporated in England (Registered No.196730). The Group operates these businesses from locations in:
- London, England
- Florida, USA
- Ohio, USA
The company has adopted the QCA code, for full details please click the links below:
Directors, responsibilities, Committees and Governance
For full details see Board of Directors in ‘About Us’
For full details see Advisers in ‘Investor Relations’
For details of shares and shareholders see Major Shareholders in ‘Investor Relations’
Annual and Interim Accounts and Shareholder Notifications
Annual and Interim reports are available in the ‘Investor Relations’ section
Shareholder notifications are available in Regulatory Announcements in ‘Investor Relations’
Copies of Articles of Association and Admission document are available in ‘Investor Relations’