REG - Volex PLC - Director/PDMR Shareholding
RNS Number : 8784GVolex PLC19 March 202019 March 2020
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc announces that on 17 March 2020, John Molloy, its Chief Operating Officer, notified the Company that he wished to exercise 495,256 of the February 2017 share awards that vested in February 2020 under the rules of the 2009 Volex plc Performance Share Plan.
Following notification to the Employees' Share Trust (the "Trust") on 18 March, the Trust is due to transfer 495,256 Ordinary Shares of 25 pence to Mr Molloy. Following this transaction, Mr Molloy will hold 733,706 Ordinary Shares in the Company, representing 0.48% of its ordinary issued share capital.
This announcement is made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
For further information please contact:
Volex plc
+44 7909 995 887
Nat Rothschild, Executive Chairman
Daren Morris, Chief Financial Officer and Company Secretary
N+1 Singer - Nominated Adviser & Joint Broker
+44 20 7496 3000
Shaun Dobson
Iqra Amin
Whitman Howard - Joint Broker
+44 20 7659 1234
Hugh Rich
Nick Lovering
1
Details of the Director / person discharging managerial responsibilities / person closely associated
a)
Name
John Molloy
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification / Amendment
Initial Notification
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 the financial instrument, type of instrument
Ordinary 25 pence Shares
Identification code
GB0009390070
b)
Nature of the transaction
Exercise of Share Options
c)
Price(s) and volume(s)
495,256 Ordinary 25 pence Shares at an exercise price of 25p per Share.
d)
Aggregated information
- Aggregated volume
See 4 c) above
- Price
e)
Date of the transaction
18 March 2020
f)
Place of the transaction
AIMX
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