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Director/PDMR Shareholding

12 Oct 2021 09:59

RNS Number : 7981O
Volex PLC
12 October 2021
 

 

12 October 2021

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding 

Volex plc (AIM:VLX) announces that it was notified on Monday 11 October 2021 that NR Holdings Ltd purchased 60,000 Ordinary Shares of 25 pence each in the Company on Monday 11 October 2021, at an average price of £4.18 per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, holds 38,589,581 ordinary shares, representing 24.31% 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 25 pence Shares

Identification code 

b)

Nature of the transaction

Purchase of Shares

c)

Price(s) and volume(s) 

 

Price

Volume

£4.184023

60,000

d)

Aggregated information 

- Aggregated volume

See 4 c) above

- Price

e)

Date of the transaction

11 October 2021

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

 

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