Director/PDMR Shareholding

RNS Number : 8543L
Volex PLC
18 May 2022
 

 

18 May 2022

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding 

Volex plc (AIM:VLX) announces that it was notified on Tuesday 17 May 2022 that NR Holdings Ltd purchased 5,000 Ordinary Shares of 25 pence each in the Company on Tuesday 17 May 2022, at an average price of £2.448 per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will be interested in 38,934,581 Ordinary Shares, representing 24.53% of the ordinary issued share capital of the Company.

This announcement is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018.  

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 


b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s) 

 

Price

Volume

£2.448

5,000



d)

Aggregated information 


- Aggregated volume

See 4 c) above

- Price




e)

Date of the transaction

17 May 2022

f)

Place of the transaction 

AIMX

 

For further information please contact:

Volex plc

+44 (0)7971 156 431

Nat Rothschild, Executive Chairman


Jon Boaden, Chief Financial Officer


Christian Bedford, Group General Counsel and Company Secretary


 

Singer Capital Markets - Nominated Adviser & Joint Broker

+44 (0)20 7496 3000

Shaun Dobson


George Tzimas


 

HSBC Bank plc - Joint Broker

+44 (0)20 7991 8888

Simon Alexander


Joe Weaving


 

Powerscourt - Media Enquiries

  +44 (0)20 7250 1446

James White


Ollie Head  


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBCGDUBBBDGDR

Companies

Volex (VLX)
UK 100

Latest directors dealings