REG - Volex PLC - Issue of Equity and Total Voting Rights

VolexAnnouncement

13/12/2022 07:00

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RNS Number : 4425J  Volex PLC  13 December 2022

13 December 2022

 

Volex plc

("Volex" or the "Company")

Issue of Equity and Total Voting Rights

The Company announces that, pursuant to the Company's scrip dividend
alternative for the interim dividend of 1.3 pence per share for the half year
ended 2 October 2022, elections to be paid on 16 December 2022 were
received in respect of 2,379,741 ordinary shares of 25 pence each in the
Company ("Ordinary Shares") as at the record date of 18 November 2022.
Accordingly, 10,761 Ordinary Shares (the "Scrip Dividend Shares") will be
issued in satisfaction of such elections at an equivalent price of 287.30
pence each.

Application has been made to the London Stock Exchange for the Scrip Dividend
Shares to be admitted to AIM. It is expected that dealings in the Scrip
Dividend Shares will commence at 8.00 a.m. on 16 December 2022.

The Scrip Dividend Shares will rank pari passu in all respects with the
existing Ordinary Shares of the Company.

Total voting rights

Following admission of the Scrip Dividend Shares, the Company's total issued
share capital will consist of 159,107,085 ordinary shares of 25 pence each
with one voting right per share.

As the Company does not hold any shares in treasury, the total number of
voting rights in the Company is also 159,107,085 and this figure of ordinary
shares may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

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

 

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