REG - Volex PLC - Update on Move to the Main Market

VolexAnnouncement

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RNS Number : 3553Z  Volex PLC  07 April 2026

 

LEI: 213800HBLQNH5FXXGE63

7 April 2026

Volex plc

("Volex", the "Company", or the "Group")

Update on Move to the Main Market

 

Volex plc (AIM: VLX), the specialist integrated manufacturer of critical power
and data transmission products, today provides an update on its proposed move
to the Main Market.

 

Confirmation of intention to move from AIM to the Main Market

 

Further to the announcement of 25 March 2026, and following consultation with
the Company's largest shareholders, the Board of Volex today confirms its
intention to apply to the Financial Conduct Authority (the "FCA") for
admission of all of the Company's ordinary shares of 25 pence each
(the "Ordinary Shares") to the equity shares (commercial companies) category
of the Official List of the FCA, and to trading on the Main Market of London
Stock Exchange plc (the "London Stock Exchange") ("Admission").

 

Admission is subject to the approval by the FCA of a prospectus, its admission
of the Ordinary Shares to listing on the Official List, and admission by the
London Stock Exchange of the Ordinary Shares to trading on the Main Market.
Admission is not conditional upon shareholder approval. The Company is
targeting Admission prior to 4 August 2026 (being the date by which
Admission must be effective in order to meet the 20 day minimum trading
requirement to be eligible for inclusion in the FTSE Russell's September 2026
Quarterly Review of the FTSE 250 Index). On and subject to Admission
occurring, the Company's listing on AIM will be cancelled.  Shareholders
should note that the Company's shares will no longer be traded on AIM with
effect from Admission and should consult their own professional advisers
regarding the consequences of Admission.

 

The Company will provide a further update on the timeline and process through
to Admission in due course.

 

Launch of share buyback programme

 

Volex has also announced today that the Board has approved and launched a
share buyback programme to return up to £40 million to shareholders, further
details of which are set out in a separate announcement.

 

Capital Markets Event

 

As previously announced, Volex will host a Capital Markets Event for
institutional investors and analysts at 14.00 on Wednesday 22 April 2026 at
the offices of Peel Hunt LLP, 100 Liverpool Street, London. The event will set
out the Company's new medium-term growth targets.

 

Institutional investors who are interested in attending in person should
contact Sodali at Volex@sodali.com.

 

 

-ENDS-

 

For further information please contact:

 

 Volex plc                                                                    +44 (0) 1256 442570
 Nat Rothschild, Chief Executive Officer                                      investor.relations@volex.com
 Jon Boaden, Chief Financial Officer

 Peel Hunt LLP - Nominated Adviser & Joint Broker                             +44 (0) 20 7418 8900
 Ed Allsopp
 Dom Convey
 Charlotte Sutcliffe
 Tom Graham

 Jefferies - Joint Broker                                                     +44 (0) 20 7029 8000
 Philip Noblet
 Sam Barnett
 Harry Le May

 Sodali & Co. - Media Enquiries                                               +44 (0) 20 7250 1446
 James White
 Nicholas Johnson

 

About Volex plc

Volex plc (AIM:VLX) is a driving force in integrated manufacturing for
mission-critical applications and a global leader in power and data
connectivity solutions. Our diverse operations support international blue-chip
customers in five key end-markets: Electric Vehicles, Consumer Electricals,
Medical, Complex Industrial Technology and Off-Highway. Headquartered in the
UK, we orchestrate operations across 23 advanced manufacturing facilities,
uniting 13,000 dynamic individuals from 25 different nations. Our
extraordinary products find their way to market through our localised sales
teams and authorised distributor partners, supporting Original Equipment
Manufacturers and Electronic Manufacturing Services companies across the
globe. In a world that grows more digitally complex by the day, customers
trust us to deliver power and connectivity that drives everything from
household essentials to life-saving medical equipment. Learn more at
www.volex.com.

 

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