Last checked at 23 Jun 2020 07:00
23 June 2020
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc (AIM:VLX) was notified on Thursday 18 June 2020 that NR Holdings Ltd, of which Executive Chairman Nat Rothschild is a beneficiary, purchased 67,171 Ordinary Shares of 25 pence in the Company at a price of 151.3776 pence per share on 18 June. The Company was also notified on 19 June that Mr Rothschild received 367,145 Ordinary Shares of 25 pence by way of transfer from a family member on 19 June.
Following the purchase and transfer, Mr Rothschild has a beneficial holding of 37,310,394 Ordinary Shares in total, representing 24.58% 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 7748 651 626 |
Nat Rothschild, Executive Chairman |
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Nick Holland, Assistant Company Secretary |
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N+1 Singer - Nominated Adviser & Joint Broker | +44 20 7496 3000 |
Shaun Dobson |
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Iqra Amin |
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Whitman Howard - Joint Broker | +44 20 7659 1234 |
Hugh Rich |
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Nick Lovering |
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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 | GB0009390070 | |
b) | Nature of the transactions | Purchase of Shares |
c) | Price(s) and volume(s) | 67,171 Ordinary 25 pence Shares at an average price of £1.51 per Share |
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d) | Aggregated information |
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- Aggregated volume | See 4 c) above | |
- Price |
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e) | Date of the transactions | 18 June 2020 |
f) | Place of the transactions | AIMX |
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 | Transfer of Shares |
c) | Price(s) and volume(s) | 367,145 Ordinary 25 pence Shares |
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d) | Aggregated information |
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- Aggregated volume | See 4 c) above | |
- Price |
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e) | Date of the transactions | 19 June 2020 |
f) | Place of the transactions | Outside a trading venue |