RNS Number : 8075Y
Volex PLC
01 August 2024
 

1 August 2024

Volex plc

 

("Volex" or the "Company")

 

Scrip Reference Price

 

As set out in the Company's Preliminary Group Results for the 52 weeks ended 31 March 2024 and in the Notice of Annual General Meeting 2024, a final dividend of 2.8 pence per share is proposed to be paid on 30 August 2024 to those shareholders on the register on 26 July 2024, subject to shareholder approval at the Company's annual general meeting to be held later today.  Shareholders may elect to receive the final dividend as shares in the Company, in lieu of cash, under the Volex plc Scrip Dividend Scheme.


The reference price of a new ordinary share under the Scrip Dividend Scheme for the Company's final dividend has been set at 351.1 pence, which represents the average of the mid-market closing price of the Company's ordinary shares for the five dealing days commencing on the ex-dividend date.


Shareholders who wish to elect to receive the 2024 final dividend in shares must either (i) complete a Scrip Dividend Mandate Form and return it to Link Group, (ii) make a Scrip election online via www.signalshares.com, or (iii) submit a Dividend Election Input Message in CREST, in each case by no later than 5.00 p.m. on 8 August 2024.  


Those shareholders who have opted into a permanent scrip election by completing (and not cancelling) a Scrip Dividend Mandate Form either in hard copy or via www.signalshares.com do not need to complete a new mandate form for the final dividend.  However, shareholders holding their shares in CREST need to make an election for each dividend and would need to submit a Dividend Election Input Message in respect of the final dividend.  


Further information, including a copy of the terms and conditions for the Volex plc Scrip Dividend Scheme, are available on the Company's website: https://www.volex.com/wp-content/uploads/2022/07/Volex-Plc-Scrip-Dividend-Scheme-Terms-Conditions-Final.pdf.

 

For further information please contact:

 

Volex plc                                                                                                                             +44 (0)7971 156 431

Nat Rothschild, Executive Chairman                                                         investor.relations@volex.com

Jon Boaden, Chief Financial Officer

Chris Bedford, Group General Counsel and Company Secretary

 

Peel Hunt LLP - Nominated Adviser & Joint Broker                                         +44 20 7418 8900

Ed Allsopp

Dom Convey

Ben Harrington

 

HSBC Bank plc - Joint Broker                                                                                      +44 20 7991 8888

Simon Alexander
Joe Weaving

Stephanie Cornish

Sodali & Co - Media Enquiries                                                                                  +44 20 7250 1446

James White
Nicholas Johnson

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