One of the Island's best-known engineering companies is to float on the stock market.
Strix, based in Ballasalla, designs and manufactures kettle safety controls - accounting for almost 40 per cent of the world market.
The company says it wants to float on the Alternative Investment Market to raise around £190 million.
Chief executive Mark Bartlett says admission to the market will take place on August 8, and will allow the business to expand in its existing and new markets.
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Businesses invite to sponsor Island Games 2029
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Peel Lifeboat receives generous donation
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