Volex PLC Statement Regarding Current Situation in China (4764C)
10 Febbraio 2020 - 10:57AM
UK Regulatory
TIDMVLX
RNS Number : 4764C
Volex PLC
10 February 2020
10 February 2020
Volex plc
("Volex")
Statement Regarding Current Situation in China
Volex, the global supplier of complex assemblies for performance
critical applications and power products, today provides an update
on the current situation in China.
As a result of the outbreak of Coronavirus in Wuhan, all major
operations in China have been subject to an extended and mandatory
closure over the Chinese New Year holiday period. The welfare of
our employees continues to be the top priority for Volex. Over the
past week we have been working closely with local government
agencies in China to implement certain precautionary measures to
allow our employees to return to a safe work environment.
Volex has 14 manufacturing plants across the globe, four of
which are in China. Three facilities are located in Guangdong
province, Southern China, approximately 1,000km from Wuhan and one
facility is located in Jiang-Su province, Eastern China,
approximately 600km from Wuhan.
As of today, one of our four sites in China has resumed
operations at a reduced capacity. The other sites will follow once
the necessary approvals are received from the Chinese
authorities.
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
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END
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February 10, 2020 04:57 ET (09:57 GMT)
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