Last checked at 19 May 2022 07:00
19 May 2022
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc (AIM:VLX) announces that it was notified on Wednesday 18 May 2022 that NR Holdings Ltd purchased 30,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares") on Wednesday 18 May 2022, at an average price of £2.599 per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will be interested in 38,964,581 Ordinary Shares, representing 24.55% of the ordinary issued share capital of the Company.
This announcement is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018.
1 | Details of the Director / person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nat Rothschild (as a beneficiary of NR Holdings Ltd) | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Chairman | ||||
b) | Initial notification / Amendment | Initial Notification | ||||
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 financial instrument, type of instrument | Ordinary shares of 25 pence each | ||||
Identification code | ||||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | |||||
- Aggregated volume | See 4 c) above | |||||
- Price | ||||||
e) | Date of the transaction | 18 May 2022 | ||||
f) | Place of the transaction | AIMX | ||||
For further information please contact:
Volex plc | +44 (0)7971 156 431 |
Nat Rothschild, Executive Chairman | |
Jon Boaden, Chief Financial Officer | |
Christian Bedford, Group General Counsel and Company Secretary |
Singer Capital Markets - Nominated Adviser & Joint Broker | +44 (0)20 7496 3000 |
Shaun Dobson | |
George Tzimas |
HSBC Bank plc - Joint Broker | +44 (0)20 7991 8888 |
Simon Alexander | |
Joe Weaving |
Powerscourt - Media Enquiries | +44 (0)20 7250 1446 |
James White | |
Ollie Head |