Volex PLC Director/PDMR Shareholding (9362Z)
15 Gennaio 2020 - 4:34PM
UK Regulatory
TIDMVLX
RNS Number : 9362Z
Volex PLC
15 January 2020
15 January 2020
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 14 January 2020 that on 13 and 14 January, Daren Morris, Chief
Financial Officer, exercised 150,000 of the 2016 share awards that
vested in December 2019 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 150,000 Ordinary Shares of
25 pence on Mr Morris's behalf at an average price of 157.5 pence
per share.
Following this exercise and sale, Mr Morris's shareholding in
the Company is unchanged at 0.56 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
---------------------------------------------------------------------------
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
--------------------------- ----------------------------------------------
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 150,000 options to acquire shares
at 25 pence per share and sale of 150,000
shares at an average price of 157.5 pence
per share
d) Aggregated information
- Aggregated volume See 4 c) above
- Price
e) Date of the transaction 13 and 14 January 2020
f) Place of the transaction AIMX
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END
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January 15, 2020 10:34 ET (15:34 GMT)
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