Director/PDMR Shareholding and Total Voting Rights

RNS Number : 1508R

Volex PLC

26 June 2020

 

26 June 2020

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding and Total Voting Rights

Volex plc (AIM:VLX) announces the issue of 432,040 ordinary shares of 25 pence each in the Company ("Ordinary Shares") in respect of the deferred management bonuses for the 2018-2019 financial year. 

Application will be made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 1 July 2020. 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 152,250,802 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. 

Following the issue of 155,201 Ordinary Shares, Nat Rothschild, Executive Chairman, will hold a total of 37,465,595 shares in the Company, representing 24.6% of the issued share capital. Following the issue of 155,201 Ordinary Shares, Daren Morris, Chief Financial Officer, will hold a total of 1,161,908 shares, representing 0.76% of the issued share capital. Following the issue of 121,638 Ordinary Shares, John Molloy, Chief Operating Officer, will hold a total of 1,163,028 shares, representing 0.76% 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.

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
Iqra Amin

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)	155,201 Ordinary 25 pence Shares
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transactions	19 June 2020
f)	Place of the transactions	Outside a trading venue

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)	155,201 Ordinary 25 pence Shares.
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	19 June 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the Director / person discharging managerial responsibilities / person closely associated
a)	Name	John Molloy
2	Reason for the notification
a)	Position/status	Chief Operating Officer
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)	121,638 Ordinary 25 pence Shares
d)	Aggregated information
	- Aggregated volume	See 4 c) above
	- Price
e)	Date of the transaction	19 June 2020
f)	Place of the transaction	Outside a trading venue

 

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