VLX Volex Plc

TIDMVLX

RNS Number : 6390X

Volex PLC

30 August 2022

30 August 2022

Volex plc

("Volex" or "the Company")

Director / PDMR Dealing

Volex plc (AIM:VLX) announces that it was notified on Friday 26 August 2022 that NR Holdings Ltd and Nathaniel Rothschild received 314,230 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") at the reference price of 297.60 pence per share, through the scrip dividend announced on 11 July 2022 and issued on Friday 26 August 2022, 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, Mr Rothschild will be interested in 39,278,811 Ordinary Shares, representing 24.69% 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 UK law by virtue of the European Union (Withdrawal) Act 2018.

 
 1    Details of the Director / person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           NR Holdings Ltd and Nathaniel Rothschild 
     -----------------------------  -------------------------------------------- 
 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 Shares of 25 pence each 
       financial instrument, 
       type of instrument 
      Identification code            GB0009390070 
 b)   Nature of the transaction      Scrip dividend issue 
 c)   Price(s) and volume(s)         314,230 Ordinary Shares of 25 pence each 
                                      at a price of 297.60 pence per Ordinary 
                                      Share. 
 
 d)   Aggregated information 
      - Aggregated volume            See 4c) above. 
      - Aggregated price 
     -----------------------------  -------------------------------------------- 
 e)   Date of the transaction        26 August 2022 
     -----------------------------  -------------------------------------------- 
 f)   Place of the transaction       Outside a trading venue 
     -----------------------------  -------------------------------------------- 
 

For further information please contact :

 
                                                 +44 (0)7971 
 Volex plc                                        156 431 
 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 
                                                 +44 (0)20 7991 
 HSBC Bank plc - Joint Broker                     8888 
 Simon Alexander / Joe Weaving 
 

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END

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August 30, 2022 10:36 ET (14:36 GMT)

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