Volex PLC Director/PDMR Shareholding (5778X)
30 Aprile 2019 - 12:41PM
UK Regulatory
TIDMVLX
RNS Number : 5778X
Volex PLC
30 April 2019
30 April 2019
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc, a global provider of power and data-cabling
solutions, announces that Daren Morris, Chief Financial Officer,
asked the Company to notify the Volex Group plc Employees' Share
Trust (the "Trust") that he wished to exercise a proportion of the
share awards that had recently vested under the rules of the 2009
Volex plc Performance Share Plan and immediately sell the acquired
shares.
Following receipt of this notification, on Friday 26 April 2019
and Monday 29 April 2019, the Trust sold 174,147 Ordinary Shares of
25 pence on Mr Morris's behalf at an average price of 92.6 pence
per share.
Separately, Mr Morris purchased 16,937 Ordinary Shares on 30
April 2019 at a price of 93.2 pence, increasing his holding of
483,063 Ordinary Shares in the Company to 500,000 Ordinary Shares,
representing 0.34% 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:
Volex plc
Daren Morris, Group Chief Financial Officer
Tel: 07909 995 887
Liberum
Nominated Adviser & Broker
Steve Pearce
Euan Brown
Tel: 020 3100 2222
Whitman Howard
Joint Broker
Hugh Rich
Nick Lovering
Tel: 020 7659 1234
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 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 Exercise of options and subsequent sale
of shares
c) Price(s) and volume(s) Exercise of 174,147 options to acquire shares
at GBP0.25 per share and sale of all those
shares at an average GBP0.926426 per share
d) Aggregated information
- Aggregated volume See 4 c) above
- Price
e) Date of the transaction 29 April 2019
f) Place of the transaction AIMX
--------------------------- ----------------------------------------------
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 Purchase of Shares
c) Price(s) and volume(s) 16,937 Ordinary Shares at a price of GBP0.93
d) Aggregated information
- Aggregated volume See 4 c) above
- Price
e) Date of the transaction 30 April 2019
f) Place of the transaction AIMX
--------------------------- ----------------------------------------------
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London Stock Exchange. RNS is approved by the Financial Conduct
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of this information may apply. For further information, please
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END
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April 30, 2019 06:41 ET (10:41 GMT)
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