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Last checked at 
26 Jun 2020 07:00
26 June 2020
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding and Total Voting Rights
Volex plc (AIM:VLX) announces the issue of 432,040 ordinary shares of 25 pence each in the Company ("Ordinary Shares") in respect of the deferred management bonuses for the 2018-2019 financial year.
Application will be made for the new Ordinary Shares to be admitted to AIM, with the admission date expected to be 1 July 2020. On admission, the shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. The company's total issued share capital following admission will consist of 152,250,802 ordinary shares of 25 pence each with one voting right per share. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
Following the issue of 155,201 Ordinary Shares, Nat Rothschild, Executive Chairman, will hold a total of 37,465,595 shares in the Company, representing 24.6% of the issued share capital. Following the issue of 155,201 Ordinary Shares, Daren Morris, Chief Financial Officer, will hold a total of 1,161,908 shares, representing 0.76% of the issued share capital. Following the issue of 121,638 Ordinary Shares, John Molloy, Chief Operating Officer, will hold a total of 1,163,028 shares, representing 0.76% of the 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.
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 | Nat Rothschild |
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 25 pence Shares |
Identification code | GB0009390070 | |
b) | Nature of the transactions | Deferred management bonus award |
c) | Price(s) and volume(s) | 155,201 Ordinary 25 pence Shares |
| ||
d) | Aggregated information | |
- Aggregated volume | See 4 c) above | |
- Price | ||
e) | Date of the transactions | 19 June 2020 |
f) | Place of the transactions | Outside a trading venue |
1 | Details of the Director / person discharging managerial responsibilities / person closely associated | |
a) | Name | Daren Morris |
2 | Reason for the notification | |
a) | Position/status | Chief Financial Officer and Company Secretary |
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 25 pence Shares |
Identification code | GB0009390070 | |
b) | Nature of the transaction | Deferred management bonus award |
c) | Price(s) and volume(s) | 155,201 Ordinary 25 pence Shares. |
| ||
d) | Aggregated information | |
- Aggregated volume | See 4 c) above | |
- Price | ||
e) | Date of the transaction | 19 June 2020 |
f) | Place of the transaction | Outside a trading venue |
1 | Details of the Director / person discharging managerial responsibilities / person closely associated | |
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 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 25 pence Shares |
Identification code | GB0009390070 | |
b) | Nature of the transaction | Deferred management bonus award |
c) | Price(s) and volume(s) | 121,638 Ordinary 25 pence Shares |
| ||
d) | Aggregated information | |
- Aggregated volume | See 4 c) above | |
- Price | ||
e) | Date of the transaction | 19 June 2020 |
f) | Place of the transaction | Outside a trading venue |
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