VLX Volex Plc

TIDMVLX

RNS Number : 4942F

Volex PLC

17 November 2020

17 November 2020

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

Volex plc (AIM:VLX) announces that it was notified on Monday 16 November 2020 that NR Holdings Ltd purchased 100,000 Ordinary Shares of 25 pence in the Company between Thursday 12 November and Monday 16 November, at an average price of 253 pence per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will hold 38,065,595 ordinary shares, representing 25% of the ordinary issued share capital of the Company.

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 (0)7747 488 
 Volex plc                               785 
 Nat Rothschild, Executive Chairman 
 Jon Boaden, Chief Financial Officer 
 
 
 N+1 Singer - Nominated Adviser & Joint Broker    +44 (0)20 7496 3000 
 Shaun Dobson 
 Iqra Amin 
 
 
 Panmure Gordon - Joint Broker      +44 (0)20 7886 2500 
 Hugh Rich 
 
   Powerscourt - Media Enquiries      + 44 (0)20 7250 1446 
 James White 
 Jack Holden 
 
 
 1    Details of the Director / person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Nat Rothschild (as a beneficiary of NR 
                                       Holdings Ltd) 
     ------------------------------  ------------------------------------------- 
 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 
 b)   Nature of the transaction       Purchase of Shares 
 c)   Price(s) and volume(s)          100,000 Ordinary 25 pence Shares at an 
                                       average price of GBP2.53 per Share. 
 
 d)   Aggregated information 
      - Aggregated volume             See 4 c) above 
      - Price 
 e)   Date of the transaction         12 to 16 November 2020 
 f)   Place of the transaction        AIMX 
     ------------------------------  ------------------------------------------- 
 

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END

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November 17, 2020 02:00 ET (07:00 GMT)

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