17 November 2020
Volex plc
("Volex" or the "Company")
Director/PDMR Shareholding
Volex plc (AIM:VLX) announces that it was notified on Monday 16 November 2020 that NR Holdings Ltd purchased 100,000 Ordinary Shares of 25 pence in the Company between Thursday 12 November and Monday 16 November, at an average price of 253 pence per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will hold 38,065,595 ordinary shares, representing 25% 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 (0)7747 488 785 |
|
Nat Rothschild, Executive Chairman |
|
|
Jon Boaden, Chief Financial Officer |
|
|
N+1 Singer - Nominated Adviser & Joint Broker |
+44 (0)20 7496 3000 |
|
Shaun Dobson |
|
|
Iqra Amin |
|
|
Panmure Gordon - Joint Broker |
+44 (0)20 7886 2500 |
|
Hugh Rich |
|
|
Powerscourt - Media Enquiries |
+44 (0)20 7250 1446 |
|
James White |
|
|
Jack Holden
|
|
|
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) |
100,000 Ordinary 25 pence Shares at an average price of £2.53 per Share. |
|
|
|
|
|
d) |
Aggregated information |
|
|
- Aggregated volume |
See 4 c) above |
|
|
- Price |
|
|
|
e) |
Date of the transaction |
12 to 16 November 2020 |
|
f) |
Place of the transaction |
AIMX |