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Last checked at 
15 Jan 2020 15:34
15 January 2020
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc, the global supplier of complex assemblies for performance-critical applications and power products, was notified on 14 January 2020 that on 13 and 14 January, Daren Morris, Chief Financial Officer, exercised 150,000 of the 2016 share awards that vested in December 2019 under the rules of the 2009 Volex plc Performance Share Plan, through the Volex Group plc Employees' Share Trust (the "Trust").
Across the two days, the Trust sold 150,000 Ordinary Shares of 25 pence on Mr Morris's behalf at an average price of 157.5 pence per share.
Following this exercise and sale, Mr Morris's shareholding in the Company is unchanged at 0.56 per cent of the Company's 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.
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
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 | 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 Shares of 25 pence each |
Identification code | GB0009390070 | |
b) | Nature of the transaction | Exercise of options and sale of shares |
c) | Price(s) and volume(s) | Exercise of 150,000 options to acquire shares at 25 pence per share and sale of 150,000 shares at an average price of 157.5 pence per share |
|
| |
d) | Aggregated information |
|
- Aggregated volume | See 4 c) above | |
- Price |
| |
e) | Date of the transaction | 13 and 14 January 2020 |
f) | Place of the transaction | AIMX |
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