Director/PDMR Shareholding

Volex PLC
30 August 2023
 

30 August 2023

Volex plc

("Volex" or "the Company")

Director / PDMR Dealing

Volex plc (AIM:VLX) announces that on Wednesday 30 August 2023 (i) NR Holdings Ltd and Nathaniel Rothschild received 409,391 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares"), (ii) Amelia Murillo received 504 Ordinary Shares and (iii) Sir Peter Westmacott received 16 Ordinary Shares, in each case at the reference price of 284.9 pence per share, through the scrip dividend issued on Wednesday 30 August 2023, as set out in the notification of dealing form below.

 

Following this issue, including those shares held through NR Holdings Ltd, of which Mr Rothschild is a beneficiary, Nathaniel Rothschild will be interested in 45,269,297 Ordinary Shares, representing 24.95% of the ordinary issued share capital of the Company, Amelia Murillo will be interested in 55,776 Ordinary Shares, representing 0.03% of the ordinary issued share capital of the Company, and Sir Peter Westmacott will be interested in 7,734 Ordinary Shares, representing 0.004% of the ordinary issued share capital of the Company.

 

The notification below is made in accordance with the requirements of the UK version of the EU Market Abuse Regulation which is part of 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

(i)            NR Holdings Ltd and Nathaniel Rothschild

(ii)           Amelia Murillo

(iii)          Sir Peter Westmacott

2

Reason for the notification

a)

Position/status

(i)            Executive Chairman

(ii)           Non-Executive Director

(iii)          Non-Executive Director

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 

GB0009390070

b)

Nature of the transaction

Scrip dividend issue

c)

Price(s) and volume(s) 

(i)            409,391 Ordinary Shares of 25 pence each at a price of 284.9 pence per Ordinary Share.

(ii)           504 Ordinary Shares of 25 pence each at a price of 284.9 pence per Ordinary Share.

(iii)          16 Ordinary Shares of 25 pence each at a price of 284.9 pence per Ordinary Share.



d)

Aggregated information



- Aggregated volume

See 4(c) above.


- Aggregated price


e)

Date of the transaction

30 August 2023

f)

Place of the transaction 

Outside a trading venue

 

 

 

For further information please contact:

Volex plc                                                                                                                             +44 (0)7971 156 431

Nat Rothschild, Executive Chairman

Jon Boaden, Chief Financial Officer

Chris Bedford, Group General Counsel and Company Secretary

Peel Hunt LLP ‐ Nominated Adviser & Joint Broker                                          +44 (0)20 7418 8900

Ed Allsopp

Tom Ballard

Ben Harrington

HSBC Bank plc ‐ Joint Broker                                                                                       +44 (0)20 7991 8888

Simon Alexander

Joe Weaving

 

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Companies

Volex (VLX)
UK 100

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