TIDMVLX

RNS Number : 1508R

Volex PLC

26 June 2020

26 June 2020

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding and Total Voting Rights

Volex plc (AIM:VLX) announces the issue of 432,040 ordinary shares of 25 pence each in the Company ("Ordinary Shares") in respect of the deferred management bonuses for the 2018-2019 financial year.

Application will be made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 1 July 2020. On admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. The company's total issued share capital following admission will consist of 152,250,802 ordinary shares of 25 pence each with one voting right per share. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Following the issue of 155,201 Ordinary Shares, Nat Rothschild, Executive Chairman, will hold a total of 37,465,595 shares in the Company, representing 24.6% of the issued share capital. Following the issue of 155,201 Ordinary Shares, Daren Morris, Chief Financial Officer, will hold a total of 1,161,908 shares, representing 0.76% of the issued share capital. Following the issue of 121,638 Ordinary Shares, John Molloy, Chief Operating Officer, will hold a total of 1,163,028 shares, representing 0.76% of the issued share capital.

This announcement is made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

For further information please contact :

 
                                                      +44 7909 995 
 Volex plc                                             887 
 Nat Rothschild, Executive Chairman 
 Daren Morris, Chief Financial Officer and Company 
  Secretary 
 
 
 N+1 Singer - Nominated Adviser & Joint Broker    +44 20 7496 3000 
 Shaun Dobson 
 Iqra Amin 
 
 
 Whitman Howard - Joint Broker    +44 20 7659 1234 
 Hugh Rich 
 Nick Lovering 
 

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

 
 1    Details of the Director / person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                               Nat 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 25 pence Shares 
       financial instrument, 
       type of instrument 
      Identification code                GB0009390070 
 b)   Nature of the transactions         Deferred management bonus award 
 c)   Price(s) and volume(s)             155,201 Ordinary 25 pence Shares 
 
 d)   Aggregated information 
      - Aggregated volume                See 4 c) above 
      - Price 
 e)   Date of the transactions           19 June 2020 
 f)   Place of the transactions          Outside a trading venue 
     ---------------------------------  ---------------------------------------- 
 
 
 1    Details of the Director / person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Daren Morris 
     ---------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status              Chief Financial Officer and Company Secretary 
     ---------------------------  ---------------------------------------------- 
 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          GB0009390070 
 b)   Nature of the transaction    Deferred management bonus award 
 c)   Price(s) and volume(s)       155,201 Ordinary 25 pence Shares. 
 
 d)   Aggregated information 
      - Aggregated volume          See 4 c) above 
      - Price 
 e)   Date of the transaction      19 June 2020 
 f)   Place of the transaction     Outside a trading venue 
     ---------------------------  ---------------------------------------------- 
 
 
 1    Details of the Director / person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                               John Molloy 
     ---------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status                    Chief Operating Officer 
     ---------------------------------  ---------------------------------------- 
 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                GB0009390070 
 b)   Nature of the transaction          Deferred management bonus award 
 c)   Price(s) and volume(s)             121,638 Ordinary 25 pence Shares 
 
 d)   Aggregated information 
      - Aggregated volume                See 4 c) above 
      - Price 
 e)   Date of the transaction            19 June 2020 
 f)   Place of the transaction           Outside a trading venue 
     ---------------------------------  ---------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCEAFKSAFLEEAA

(END) Dow Jones Newswires

June 26, 2020 02:00 ET (06:00 GMT)

Grafico Azioni Volex (LSE:VLX)
Storico
Da Lug 2020 a Ago 2020 Clicca qui per i Grafici di Volex
Grafico Azioni Volex (LSE:VLX)
Storico
Da Ago 2019 a Ago 2020 Clicca qui per i Grafici di Volex