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REG - Volex PLC - Director/PDMR Shareholding

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RNS Number : 0227M  Volex PLC  19 May 2022

 

19 May 2022

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

Volex plc (AIM:VLX) announces that it was notified on Wednesday 18 May 2022
that NR Holdings Ltd purchased 30,000 ordinary shares of 25 pence each in the
Company ("Ordinary Shares") on Wednesday 18 May 2022, at an average price of
£2.599 per share. Following this purchase, Nat Rothschild, Executive Chairman
of the Company, a beneficiary of NR Holdings Ltd, will be interested in
38,964,581 Ordinary Shares, representing 24.55% of the ordinary issued share
capital of the Company.

This announcement is made in accordance with Article 19 of the UK version of
the EU Market Abuse Regulation 596/2014 which has effect in English law by
virtue of the European Union (Withdrawal) Act 2018.

 1   Details of the Director / person discharging managerial responsibilities /
     person closely associated
 a)  Name                                                           Nat Rothschild (as a beneficiary of NR Holdings Ltd)
 2   Reason for the notification
 a)  Position/status                                                Executive Chairman
 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 shares of 25 pence each
     Identification code
 b)  Nature of the transaction                                      Purchase of Ordinary Shares
 c)  Price(s) and volume(s)

Price    Volume
                                                                    £2.599   30,000

 d)  Aggregated information
     - Aggregated volume                                            See 4 c) above
     - Price

 e)  Date of the transaction                                        18 May 2022
 f)  Place of the transaction                                       AIMX

d)

Aggregated information

- Aggregated volume

See 4 c) above

- Price

e)

Date of the transaction

18 May 2022

f)

Place of the transaction

AIMX

 

For further information please contact:

 Volex plc                                                       +44 (0)7971 156 431
 Nat Rothschild, Executive Chairman
 Jon Boaden, Chief Financial Officer
 Christian Bedford, Group General Counsel and Company Secretary

 

 Singer Capital Markets - Nominated Adviser & Joint Broker      +44 (0)20 7496 3000
 Shaun Dobson
 George Tzimas

 

 HSBC Bank plc - Joint Broker  +44 (0)20 7991 8888
 Simon Alexander
 Joe Weaving

 

 Powerscourt - Media Enquiries   +44 (0)20 7250 1446
 James White
 Ollie Head

 

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