Volex PLC Director/PDMR Shareholding (3640V)
02 Dicembre 2019 - 2:28PM
UK Regulatory
TIDMVLX
RNS Number : 3640V
Volex PLC
02 December 2019
2 December 2019
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc, the global supplier of complex assemblies for
performance-critical applications and power products, was notified
on 28 November 2019 that on 27 November and 28 November, Daren
Morris, Chief Financial Officer, exercised 164,191 of the 2016
share awards that vested in March this year under the rules of the
2009 Volex plc Performance Share Plan, through the Volex Group plc
Employees' Share Trust (the "Trust").
Across the two days, the Trust sold 164,191 Ordinary Shares of
25 pence on Mr Morris's behalf at an average price of 125.51 pence
per share.
Following this exercise, Mr Morris' shareholding in the Company
is unchanged at 0.45 per cent of the Company's 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.
Enquiries
For further information please contact:
Volex plc +44 7909 995 887
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 Daren Morris
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2 Reason for the notification
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a) Position/status Chief Financial Officer and Company Secretary
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b) Initial notification Initial Notification
/ Amendment
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3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) Name Volex plc
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b) LEI 213800HBLQNH5FXXGE63
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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 Shares of 25 pence each
financial instrument,
type of instrument
Identification code GB0009390070
b) Nature of the transaction Exercise of options and sale of shares
c) Price(s) and volume(s) Exercise of 164,191 options to acquire shares
at 25 pence per share and sale of 164,191
shares at an average price of 125.51 pence
per share
d) Aggregated information
- Aggregated volume See 4 c) above
- Price
e) Date of the transaction 27- 28 November 2019
f) Place of the transaction AIMX
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END
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(END) Dow Jones Newswires
December 02, 2019 08:28 ET (13:28 GMT)
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