Director/PDMR Shareholding

RNS Number : 0227M

Volex PLC

19 May 2022

 

19 May 2022

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding 

Volex plc (AIM:VLX) announces that it was notified on Wednesday 18 May 2022 that NR Holdings Ltd purchased 30,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") on Wednesday 18 May 2022, at an average price of £2.599 per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will be interested in 38,964,581 Ordinary Shares, representing 24.55% 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 shares of 25 pence each
	Identification code
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price Volume £2.599 30,000
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	18 May 2022
f)	Place of the transaction	AIMX

For further information please contact:

Volex plc	[phone]
Nat Rothschild, Executive Chairman
Jon Boaden, Chief Financial Officer
Christian Bedford, Group General Counsel and Company Secretary

Singer Capital Markets - Nominated Adviser & Joint Broker	[phone]
Shaun Dobson
George Tzimas

HSBC Bank plc - Joint Broker	[phone]
Simon Alexander
Joe Weaving

Powerscourt - Media Enquiries	[phone]
James White
Ollie Head

 

END

 

 

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