TIDMVLX

RNS Number : 7981O

Volex PLC

12 October 2021

12 October 2021

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

Volex plc (AIM:VLX) announces that it was notified on Monday 11 October 2021 that NR Holdings Ltd purchased 60,000 Ordinary Shares of 25 pence each in the Company on Monday 11 October 2021, at an average price of GBP4.18 per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, holds 38,589,581 ordinary shares, representing 24.31% 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        Initial Notification 
       / Amendment 
     --------------------------  ------------------------------------------------ 
 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          Ordinary 25 pence Shares 
       financial instrument, 
       type of instrument 
      Identification code 
 b)   Nature of the transaction   Purchase of Shares 
 c)   Price(s) and volume(s)        Price          Volume 
                                     GBP4.184023    60,000 
                                                   ------- 
 
 d)   Aggregated information 
      - Aggregated volume         See 4 c) above 
      - Price 
 
 e)   Date of the transaction     11 October 2021 
 f)   Place of the transaction    AIMX 
     --------------------------  ------------------------------------------------ 
 

For further information please contact:

 
                                             +44 (0)7971 156 
 Volex plc                                    431 
 Nat Rothschild, Executive Chairman 
 Jon Boaden, Chief Financial Officer 
 Christian Bedford, Group General Counsel 
  and Company Secretary 
 
 
 Singer Capital Markets - Nominated Adviser    +44 (0)20 7496 
  & Joint Broker                                3000 
 Shaun Dobson 
 George Tzimas 
 
 
 HSBC Bank plc - Joint Broker    +44 (0)20 7991 8888 
 Simon Alexander 
 Joe Weaving 
 
 
                                   +44 (0)20 7250 
 Powerscourt - Media Enquiries      1446 
 James White 
 Ollie Head 
 

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END

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(END) Dow Jones Newswires

October 12, 2021 04:59 ET (08:59 GMT)

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