Last checked at 10 Nov 2008 09:27
Volex Group plc
Extraordinary General Meeting
Further to the announcement made on 23 October 2008, The Board of Volex Group plc (the "Company") has today called an Extraordinary General Meeting to be held at 10.30 a.m. on 5 December 2008, at Dornoch House, Kelvin Close, Birchwood Science Park, Warrington, Cheshire, WA3 7JX for the following purposes:
In compliance with the requisition dated 22 October 2008, received from GoldenPeaks Capital Partners AG and in accordance with section 304(1) of the Companies Act 2006, to consider the implementation by the Company of a Long Term Incentive Scheme pursuant to which non-executive directors of the Company shall be incentivised to maximise a return of share capital to shareholders.
In addition, the Meeting will consider as special business and if thought fit, pass the following resolutions, of which resolutions 2 to 4 are proposed as ordinary resolutions and resolution 5 is proposed as a special resolution:
2. To approve the Volex Group plc Performance Share Plan 2008;
3. To approve the Volex Group plc Restricted Share Scheme 2008;
4. To approve the Long Term Incentive Scheme for Heejae Chae; and
5. To authorise the Company to make market purchases of its own shares.
The Notice of Meeting, Shareholder Circular, Proxy Card, and share scheme documents for the four schemes referred to above have been submitted to the UKLA and will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at:
The Financial Services Authority
25 The North Colonade
Canary Wharf
London
E14 5HS
Tel: 020 7066 1000
Name and signature of duly authorised officer of issuer responsible for making notification.
Wendy Tate
Company Secretary
01925 830101
Date: 10th November 2008