Director/PDMR Shareholding

RNS Number : 5551H

Volex PLC

01 August 2019

 

1 August 2019

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholdings 

Volex plc, the global supplier of complex assemblies for performance-critical applications and power products, today announces that on Tuesday 30 July 2019, following the Company's AGM and subsequent announcements, NR Holdings Ltd purchased 53,876 ordinary shares of 25 pence in the Company at a price of 92.2 pence per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will hold 36,050,377 Ordinary Shares in total, representing 24.46% of the ordinary issued share capital of the Company.

Daren Morris, Chief Financial Officer, purchased 20,000 ordinary shares of 25 pence in the Company on Tuesday 30 July 2019 at a price of 92.8 pence per share. Following this purchase, Mr Morris will hold 520,000 ordinary shares, representing 0.35% of the ordinary issued share capital of the Company.

This announcement is made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Enquiries

For further information please contact: 

Volex plc                                                                                                             [phone]

Nat Rothschild, Executive Chairman

Daren Morris, Chief Financial Officer and Company Secretary

N+1 Singer - Nominated Adviser & Joint Broker                                        [phone]

Shaun Dobson

Whitman Howard - Joint Broker                                                                    [phone]

Hugh Rich

Nick Lovering

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	GB0009390070
b)	Nature of the transactions	Share Purchases
c)	Price(s) and volume(s)	53,876 Ordinary 25 pence Shares at £0.92 per Share.
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transactions	30 July 2019
f)	Place of the transactions	AIMX

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	GB0009390070
b)	Nature of the transaction	Share Purchase
c)	Price(s) and volume(s)	20,000 Ordinary 25 pence Shares at £0.92 per Share.
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	30 July 2019
f)	Place of the transaction	AIMX

 

END

 

 

DSHKFLBBKVFLBBB