RNS Number : 0049C
Volex PLC
28 August 2024
 

LEI: 213800HBLQNH5FXXGE63

28 August 2024

Volex plc

("Volex" or the "Company")

Issue of Equity and Total Voting Rights

Volex announces that, pursuant to its scrip dividend alternative for the final dividend of 2.8 pence per share for the year ended 31 March 2024 to be paid on 30 August 2024, elections were received in respect of 4,211,452 ordinary shares of 25 pence each in the Company ("Ordinary Shares") as at the scrip election date of 8 August 2024. Accordingly, 33,575 Ordinary Shares (the "Scrip Dividend Shares") will be issued in satisfaction of such elections at the scrip reference price of 351.1 pence each.

Application has been made to the London Stock Exchange for the Scrip Dividend Shares to be admitted to trading on AIM. It is expected that dealings in the Scrip Dividend Shares will commence at 8.00 a.m. on 30 August 2024.

The Scrip Dividend Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.

Total voting rights

Following admission of the Scrip Dividend Shares, the Company's total issued share capital will consist of 181,651,108 ordinary shares of 25 pence each with one voting right per share.

As the Company does not hold any shares in treasury, the total number of voting rights in the Company is also 181,651,108 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information please contact:

Volex plc                                                                                                                             +44 (0)7971 156 431

Nat Rothschild, Executive Chairman                                                        investor.relations@volex.com

Jon Boaden, Chief Financial Officer

Chris Bedford, Group General Counsel and Company Secretary

 

Peel Hunt LLP - Nominated Adviser & Joint Broker                                         +44 20 7418 8900

Ed Allsopp

Dom Convey

Tom Graham

 

HSBC Bank plc - Joint Broker                                                                                      +44 20 7991 8888

Simon Alexander
Joe Weaving

Stephanie Cornish

 

Sodali & Co - Media Enquiries                                                                                  +44 20 7250 1446

James White
Nicholas Johnson

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEPPUUWRUPCUBR