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Last checked at 
19 Mar 2020 17:00
19 March 2020
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Volex plc
("Volex" or the "Company")
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Director/PDMR Shareholding
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Volex plc announces that on 17 March 2020, John Molloy, its Chief Operating Officer, notified the Company that he wished to exercise 495,256 of the February 2017 share awards that vested in February 2020 under the rules of the 2009 Volex plc Performance Share Plan.
Following notification to the Employees' Share Trust (the "Trust") on 18 March, the Trust is due to transfer 495,256 Ordinary Shares of 25 pence to Mr Molloy. Following this transaction, Mr Molloy will hold 733,706 Ordinary Shares in the Company, representing 0.48% of its ordinary issued share capital.
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This announcement is made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
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For further information please contact:
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Volex plc | +44 7909 995 887 |
Nat Rothschild, Executive Chairman | |
Daren Morris, Chief Financial Officer and Company Secretary |
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N+1 Singer - Nominated Adviser & Joint Broker | +44 20 7496 3000 |
Shaun Dobson | |
Iqra Amin |
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Whitman Howard - Joint Broker | +44 20 7659 1234 |
Hugh Rich | |
Nick Lovering |
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1 | Details of the Director / person discharging managerial responsibilities / person closely associatedĀ | |
a) | Name | John Molloy |
2 | Reason for the notification | |
a) | Position/status | Chief Operating Officer |
b) | Initial notification / Amendment | Initial Notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitorĀ | |
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 conductedĀ | |
a) | Description of the financial instrument, type of instrumentĀ | OrdinaryĀ 25 penceĀ Shares |
Identification codeĀ | GB0009390070 | |
b) | Nature of the transaction | Exercise of Share Options |
c) | Price(s) and volume(s)Ā | 495,256 OrdinaryĀ 25 penceĀ Shares at an exercise price of 25p per Share. |
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d) | Aggregated informationĀ | |
- Aggregated volume | See 4 c) above | |
- Price | ||
e) | Date of the transaction | 18 March 2020 |
f) | Place of the transactionĀ | AIMX |
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