Volex PLC Director/PDMR Shareholding (8773Z)
16 Januar 2024 - 1:33PM
UK Regulatory
TIDMVLX
RNS Number : 8773Z
Volex PLC
16 January 2024
16 January 2024
Volex plc
("Volex" or the "Company")
Director / PDMR Dealing
Volex plc (AIM: VLX) announces that on Friday 12 January 2024,
NR Holdings Ltd (of which Nat Rothschild, Executive Chairman, is a
beneficiary) received 188,369 ordinary shares of 25 pence each in
the Company ("Ordinary Shares") pursuant to the scrip dividend
issued on Friday 12 January 2024 (the "scrip"). The reference price
for the scrip was 307.3p pence per share, as announced on 7
December 2023.
Following this transaction, Nat Rothschild(1) is interested in
45,859,426 Ordinary Shares (save for unvested or unexercised
awards), representing 25.25% of the Company's issued share
capital.
(1) Including those shares held through NR Holdings Ltd, of
which Nat Rothschild is a beneficiary.
For further information please contact:
Volex plc +44 (0)7971 156 431
Nat Rothschild, Executive Chairman
Jon Boaden, Chief Financial Officer
Chris Bedford, Group General Counsel and Company Secretary
Peel Hunt LLP -- Nominated Adviser & Joint Broker +44 (0)20
7418 8900
Ed Allsopp
Tom Ballard
Ben Harrington
HSBC Bank plc -- Joint Broker +44 (0)20 7991 8888
Simon Alexander
Joe Weaving
About Volex
Volex plc (AIM: VLX) is a global leader in integrated
manufacturing for performance-critical applications and a supplier
of power products. We serve a diverse range of markets and
customers, with particular expertise in cable assemblies,
higher-level assemblies, data centre power and connectivity,
electric vehicles, and consumer electricals. We are headquartered
in the UK and operate from 27 manufacturing locations with a global
workforce of over 11,500 people across 24 countries. Our products
are sold through our own locally based sales teams and through
authorised distributor partners to Original Equipment Manufacturers
('OEMs') and Electronic Manufacturing Services ('EMS') companies
worldwide. All of the products and services that we offer are
integral to the increasingly complex digital world in which we
live, providing power and connectivity from the most common
household items to the most complex medical equipment. For more
information, please visit www.volex.com
The information below (set out in accordance with the
requirements of EU Market Abuse Regulation) provides further
detail:
1 Details of the Director / person discharging managerial
responsibilities / person closely associated
a) Name Nathaniel Rothschild (beneficiary of
NR Holdings Ltd)
------------------------ -----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status PDMR, Executive Chairman
------------------------ -----------------------------------------
b) Initial notification Initial Notification
/ Amendment
------------------------ -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Volex plc
------------------------ -----------------------------------------
b) LEI 213800HBLQNH5FXXGE63
------------------------ -----------------------------------------
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 Ordinary Shares of 25 pence each
the financial
instrument, type
of instrument
Identification GB0009390070
code
b) Nature of the Scrip dividend issue
transaction
c) Price(s) and 188,369 Ordinary Shares of 25 pence each
volume(s) at a price of 307.3p
d) Aggregated information
- Aggregated See 4(c) above.
volume
- Aggregated
price
------------------------ -----------------------------------------
e) Date of the transaction 12 January 2024
------------------------ -----------------------------------------
f) Place of the Outside a trading venue
transaction
------------------------ -----------------------------------------
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END
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January 16, 2024 07:33 ET (12:33 GMT)
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