TIDMVLX

RNS Number : 8784G

Volex PLC

19 March 2020

19 March 2020

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

Volex plc announces that on 17 March 2020, John Molloy, its Chief Operating Officer, notified the Company that he wished to exercise 495,256 of the February 2017 share awards that vested in February 2020 under the rules of the 2009 Volex plc Performance Share Plan.

Following notification to the Employees' Share Trust (the "Trust") on 18 March, the Trust is due to transfer 495,256 Ordinary Shares of 25 pence to Mr Molloy. Following this transaction, Mr Molloy will hold 733,706 Ordinary Shares in the Company, representing 0.48% of its ordinary 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 
 
 
 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       Exercise of Share Options 
 c)   Price(s) and volume(s)          495,256 Ordinary 25 pence Shares at an 
                                       exercise price of 25p per Share. 
 
 d)   Aggregated information 
      - Aggregated volume             See 4 c) above 
      - Price 
 e)   Date of the transaction         18 March 2020 
 f)   Place of the transaction        AIMX 
     ------------------------------  ------------------------------------------- 
 

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

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March 19, 2020 13:00 ET (17:00 GMT)

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