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Last checked at 
9 May 2019 14:35
9 May 2019
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc, a global provider of power and data-cabling solutions, announces that Nat Rothschild, Executive Chairman, asked the Company to notify the Volex Group plc Employees' Share Trust (the "Trust") that he wished to exercise the 2016 share awards that had recently vested under the rules of the 2009 Volex plc Performance Share Plan.
Having received that notification, and the 25 pence exercise price on 3 May 2019, the Trust is due to transfer 574,147 Ordinary Shares of 25 pence to Mr Rothschild. Following this transaction, including those shares held through NR Holdings Ltd, of which he is a beneficiary, Mr Rothschild will hold 35,996,501 Ordinary Shares in the Company, representing 24.43% of its ordinary 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
Daren Morris, Group Chief Financial Officer
Tel: 07909 995 887
LiberumNominated Adviser & Broker
Steve PearceEuan Brown
Tel: 020 3100 2222
Whitman HowardJoint Broker
Hugh RichNick Lovering
Tel: 020 7659 1234
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 | Exercise of share option awards |
c) | Price(s) and volume(s) | 574,147 Ordinary 25 pence Shares at an exercise price of £0.25 per Share. |
d) | Aggregated information | |
- Aggregated volume | See 4 c) above | |
- Price | ||
e) | Date of the transactions | 3 May 2019 |
f) | Place of the transactions | AIMX |
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