Scrip Dividend Issue of Shares

RNS Number : 4777Q

Volex PLC

14 October 2013

 



14 October 2013

Volex plc ("Volex", or the "Company")

Final Dividend for the Year Ended 31 March 2013

SCRIP DIVIDEND ALTERNATIVE - ISSUANCE OF NEW SHARES

Volex plc today confirms that an application has been made to the UK Listing Authority for the admission of 566,467 Ordinary shares of 25 pence each in the Company ("Ordinary Shares") to the Official List and to the London Stock Exchange for these securities to be admitted to trading. The application has been made pursuant to the Company's Scrip Dividend Alternative in lieu of cash for the final dividend for the year ended 31 March 2013.

Overall, 125 shareholders, with a combined holding of 34,221,826 Ordinary Shares (54.39% of the issued share capital of the Company as at the Record Date of 6 September 2013) elected to receive a final dividend in Ordinary Shares rather than cash. The new Ordinary Shares, fully paid, will be issued on 17 October 2013, and will rank pari passu with Company's the existing ordinary shares.

Following this admission, the Company's issued share capital will consist of 63,486,712 Ordinary Shares with voting rights. Volex plc holds no shares in Treasury.

For further information please contact:
Volex plc:
Nick Parker, Chief Financial Officer	[phone]
Thomas Robinson, Legal Assistant	[phone]

 

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