Director/PDMR Shareholding

RNS Number : 5551H
Volex PLC
01 August 2019
 

 

1 August 2019

 

Volex plc

("Volex" or the "Company")

 

Director/PDMR Shareholdings 

Volex plc, the global supplier of complex assemblies for performance-critical applications and power products, today announces that on Tuesday 30 July 2019, following the Company's AGM and subsequent announcements, NR Holdings Ltd purchased 53,876 ordinary shares of 25 pence in the Company at a price of 92.2 pence per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will hold 36,050,377 Ordinary Shares in total, representing 24.46% of the ordinary issued share capital of the Company.

Daren Morris, Chief Financial Officer, purchased 20,000 ordinary shares of 25 pence in the Company on Tuesday 30 July 2019 at a price of 92.8 pence per share. Following this purchase, Mr Morris will hold 520,000 ordinary shares, representing 0.35% 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.

 

Enquiries

For further information please contact: 

 

 

Volex plc                                                                                                             +44 7909 995 887

Nat Rothschild, Executive Chairman

Daren Morris, Chief Financial Officer and Company Secretary

 

N+1 Singer - Nominated Adviser & Joint Broker                                        +44 20 7496 3000

Shaun Dobson

 

Whitman Howard - Joint Broker                                                                    +44 20 7659 1234

Hugh Rich

Nick Lovering

 

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 (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

Share Purchases

c)

Price(s) and volume(s) 

53,876 Ordinary 25 pence Shares at £0.92 per Share.

 

 

d)

Aggregated information 

 

- Aggregated volume

See 4 c) above

- Price

 

e)

Date of the transactions

30 July 2019

f)

Place of the transactions

AIMX

 

 

1

Details of the Director / person discharging managerial responsibilities / person closely associated 

a)

Name

Daren Morris

2

Reason for the notification

a)

Position/status

Chief Financial Officer and Company Secretary

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 transaction

Share Purchase

c)

Price(s) and volume(s) 

20,000 Ordinary 25 pence Shares at £0.92 per Share.

 

 

d)

Aggregated information 

 

- Aggregated volume

See 4 c) above

- Price

 

e)

Date of the transaction

30 July 2019

f)

Place of the transaction 

AIMX

 


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