Director/PDMR Shareholding

RNS Number : 7286H

Volex PLC

02 August 2019

 

2 August 2019

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholdings 

The Company announces today that pursuant to the share awards made on 5 June 2018 with respect to the deferred management bonuses for the 2017-2018 financial year, 266,794 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") have been issued. 

Application has been made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 7 August 2019. On admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. The company's total issued share capital following admission will consist of 149,868,439 ordinary shares of 25 pence each with one voting right per share.  This figure may be used by shareholders in the Company 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. 

Nat Rothschild, Executive Chairman, has been issued 125,701 Ordinary Shares. Following the issue of shares, Mr Rothschild will hold a total of 36,176,078 shares in the Company, amounting to 24.1% of the issued share capital. Daren Morris, Chief Financial Officer, was issued 141,093 Ordinary Shares. Following the issue of shares, Mr Morris will hold a total of 661,093, or 0.44% of the issued share capital.

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
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	Deferred management bonus award
c)	Price(s) and volume(s)	125,701 Ordinary 25 pence Shares
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transactions	31 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	Deferred management bonus award
c)	Price(s) and volume(s)	141,093 Ordinary 25 pence Shares.
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	31 July 2019
f)	Place of the transaction	AIMX

 

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