Director/PDMR Shareholding

RNS Number : 2501A

Volex PLC

10 September 2018

 

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

The Company announces today that on 7 September, Nat Rothschild, Executive Chairman was issued 352,941 Ordinary Shares in the Company in respect of a deferred management bonus award.

The Company also announces that on 7 September, Daren Morris, Chief Financial Officer, was issued and 117,647 Ordinary Shares in respect of a deferred management bonus award.

The change in each directors shareholding is set out below:

Director	Position	Holding pre-award	Change in ordinary shares	Holding post-award	Holding % ISC
Nat Rothschild	Executive Chairman	34,720,309	352,941	35,073,250	24.1
Daren Morris	Chief Financial Officer	385,000	117,647	502,647	0.3

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

For further information, please contact:

Volex plc                                                            Tel: [phone]

Daren Morris, CFO

Liberum
(Nominated Adviser & Broker)                         Tel: [phone]

Steve Pearce
Euan Brown

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

1	Details of the Director / person discharging managerial responsibilities / person closely associated
a)	Name	Daren Morris
2	Reason for the notification
a)	Position/status	Chief Financial Officer and Company Secretary
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 25 pence Shares
	Identification code	GB0007958233
b)	Nature of the transaction	Deferred Management Bonus Award
c)	Price(s) and volume(s)	Award of 117,647 shares for nil consideration
		Following this transaction, Daren Morris holds 502,647 Shares in the Company.
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	7 September 2018
f)	Place of the transaction	AIMX

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

1	Details of the Director / person discharging managerial responsibilities / person closely associated
a)	Name	Nat Rothschild (as a beneficiary of NR Holdings Ltd)
2	Reason for the notification
a)	Position/status	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 25 pence Shares
	Identification code	GB0007958233
b)	Nature of the transaction	Deferred Management Bonus Award
c)	Price(s) and volume(s)	Award of 352,941 shares for nil consideration
		Following this transaction, Nat Rothschild holds 35,073,250 Shares in the Company.
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	7 September 2018
f)	Place of the transaction	AIMX

 

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