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Pin to quick picksVolex Regulatory News (VLX)

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Director/PDMR Shareholding

17 Nov 2020 07:00

RNS Number : 4942F
Volex PLC
17 November 2020
 

17 November 2020

 

Volex plc

("Volex" or the "Company")

 

Director/PDMR Shareholding 

Volex plc (AIM:VLX) announces that it was notified on Monday 16 November 2020 that NR Holdings Ltd purchased 100,000 Ordinary Shares of 25 pence in the Company between Thursday 12 November and Monday 16 November, at an average price of 253 pence per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will hold 38,065,595 ordinary shares, representing 25% of the ordinary issued share capital of the Company.

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 (0)7747 488 785

Nat Rothschild, Executive Chairman

Jon Boaden, Chief Financial Officer

 

N+1 Singer - Nominated Adviser & Joint Broker

+44 (0)20 7496 3000

Shaun Dobson

Iqra Amin

 

Panmure Gordon - Joint Broker

+44 (0)20 7886 2500

Hugh Rich

 

Powerscourt - Media Enquiries

 

+44 (0)20 7250 1446

James White

Jack Holden

 

 

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 25 pence Shares

Identification code 

b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s) 

100,000 Ordinary 25 pence Shares at an average price of £2.53 per Share.

d)

Aggregated information 

- Aggregated volume

See 4 c) above

- Price

e)

Date of the transaction

12 to 16 November 2020

f)

Place of the transaction 

AIMX

 

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