RNS Number : 8608E
Volex PLC
29 February 2024
 

Volex plc

("Volex" or the "Company")

PDMR / PCA Shareholdings

Volex plc (AIM: VLX) announces that it has been informed that Jon Boaden, Chief Financial Officer, effected a transfer of shares held by him into his and his wife's ISA accounts.

On 22 February 2024, Jon Boaden sold a total of 20,171 ordinary shares of 25 pence each ("Ordinary Shares") from his personal holding. Subsequently Jon Boaden and his wife purchased, in aggregate, 20,171 Ordinary Shares into their ISA accounts.

Following these transactions, Jon Boaden's beneficial interest in the Company (including shares held by his wife) remains unchanged at 34,061 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.

 

For further information please contact:

Volex plc

Nat Rothschild, Executive Chairman

Jon Boaden, Chief Financial Officer

+44 (0)7971 156 431

investor.relations@volex.com

 

Peel Hunt LLP - Nominated Adviser & Joint Broker

Ed Allsopp

Tom Ballard

Ben Harrington

+44 (0)20 7418 8900

 

 

HSBC Bank plc - Joint Broker

Simon Alexander

Joe Weaving

+44 (0)20 7991 8888

 

Powerscourt - Media Enquiries

James White  

 

+44 (0)20 7250 1446

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1)    Jon Boaden

2)    Mrs Katherine Boaden

2

Reason for the notification

a)

Position/status

1)    PDMR, Chief Financial Officer

2)    Person closely associated with Jon Boaden (wife)

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

Identification code

Ordinary Shares of 25 pence each

 

 

b)

Nature of the transaction

1)    Sale of 20,171 Ordinary Shares by Jon Boaden

2)    Purchase of 13,190 Ordinary Shares into Mr Boaden's ISA account

3)    Purchase of 9,981 Ordinary Shares into Mrs Boaden's ISA account

c)

Price(s) and volume(s)

Price(s)

1)    £2.93

2)    £2.93

3)    £2.93

Volume(s)

20,171

13,190

9,981

d)

Aggregated information

 

- Aggregated volume

- Aggregated price

 

n/a - each a single transaction

e)

Date of the transaction

22 February 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

 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

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