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RNS Number : 3890P Volex PLC 09 October 2023
9 October 2023
Volex plc
("Volex", or the "Group")
Notice of Cyber Incident
Volex plc (AIM: VLX), the specialist integrated manufacturer of critical power
and data transmission products, announces that it has been the subject of a
cyber incident which has resulted in unauthorised access to certain IT systems
and data, at some of the Group's international sites.
On becoming aware of the incident, the Group enacted its established IT
security protocols and took immediate steps to stop the unauthorised access to
its systems and data. Specialist, third party consultants have been engaged to
investigate the nature and extent of the incident, and to implement the
incident response plan.
The actions taken to date have ensured that all sites remain operational, with
minimal disruption to global production levels, and the Group continues to
trade with its customers and suppliers.
At this stage, any financial impact resulting from the incident is not
expected to be material.
The Group will provide a further update as and when appropriate.
For further information please contact:
Volex plc +44 (0)7971 156 431
Nat Rothschild, Executive Chairman investor.relations@volex.com (mailto:investor.relations@volex.com)
Jon Boaden, Chief Financial Officer
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
Powerscourt - Media Enquiries +44 (0)20 7250 1446
James White
Peter Barratt
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)
-ENDS-
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