For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240110:nRSJ2999Za&default-theme=true
RNS Number : 2999Z Volex PLC 10 January 2024
LEI: 213800HBLQNH5FXXGE63
10 January 2024
Volex plc
("Volex" or the "Company")
Issue of Equity and Total Voting Rights
Volex announces that, pursuant to its scrip dividend alternative for the
interim dividend of 1.4 pence per share for the half year ended 1 October 2023
to be paid on 10 January 2024, elections were received in respect of
46,924,909 ordinary shares of 25 pence each in the Company ("Ordinary Shares")
as at the scrip election date of 15 December 2023. Accordingly, 213,776
Ordinary Shares (the "Scrip Dividend Shares") will be issued in satisfaction
of such elections at the scrip reference price of 307.3 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 12 January 2024.
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 181,617,533 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 181,617,533 and this figure 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
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END IOEFLFVRLIIILIS