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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 (http://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 / 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 GB0009390070
b) Nature of the transaction Scrip dividend issue
c) Price(s) and volume(s) 188,369 Ordinary Shares of 25 pence each at a price of 307.3p
d) Aggregated information
- Aggregated volume See 4(c) above.
- Aggregated price
e) Date of the transaction 12 January 2024
f) Place of the transaction Outside a trading venue
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