Director/PDMR Shareholding

Volex PLC
16 January 2024
 

16 January 2024

Volex plc

("Volex" or the "Company")

 

Director / PDMR Dealing

 

Volex plc (AIM: VLX) announces that on Friday 12 January 2024, NR Holdings Ltd (of which Nat Rothschild, Executive Chairman, is a beneficiary) received 188,369 ordinary shares of 25 pence each in the Company ("Ordinary Shares") pursuant to the scrip dividend issued on Friday 12 January 2024 (the "scrip").  The reference price for the scrip was 307.3p pence per share, as announced on 7 December 2023.

 

Following this transaction, Nat Rothschild1 is interested in 45,859,426 Ordinary Shares (save for unvested or unexercised awards), representing 25.25% of the Company's issued share capital.

 

1 Including those shares held through NR Holdings Ltd, of which Nat Rothschild is a beneficiary.

 

 

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

 

 

About Volex

Volex plc (AIM: VLX) is a global leader in integrated manufacturing for performance-critical applications and a supplier of power products. We serve a diverse range of markets and customers, with particular expertise in cable assemblies, higher-level assemblies, data centre power and connectivity, electric vehicles, and consumer electricals. We are headquartered in the UK and operate from 27 manufacturing locations with a global workforce of over 11,500 people across 24 countries. Our products are sold through our own locally based sales teams and through authorised distributor partners to Original Equipment Manufacturers ('OEMs') and Electronic Manufacturing Services ('EMS') companies worldwide. All of the products and services that we offer are integral to the increasingly complex digital world in which we live, providing power and connectivity from the most common household items to the most complex medical equipment. For more information, please visit www.volex.com



 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

1

Details of the Director / person discharging managerial responsibilities / person closely associated 

a)

Name

Nathaniel Rothschild (beneficiary of NR Holdings Ltd)

2

Reason for the notification

a)

Position/status

PDMR, 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 

GB0009390070

b)

Nature of the transaction

Scrip dividend issue

c)

Price(s) and volume(s) 

188,369 Ordinary Shares of 25 pence each at a price of 307.3p



d)

Aggregated information



- Aggregated volume

See 4(c) above.


- Aggregated price


e)

Date of the transaction

12 January 2024

f)

Place of the transaction 

Outside a trading venue

 

 

 

 

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
 
 

Companies

Volex (VLX)
UK 100

Latest directors dealings