Volex PLC Director/PDMR Shareholding (8540K)

TIDMVLX

RNS Number : 8540K

Volex PLC

30 August 2023

Volex plc

("Volex" or "the Company")

Director / PDMR Dealing

Volex plc (AIM:VLX) announces that on Wednesday 30 August 2023 (i) NR Holdings Ltd and Nathaniel Rothschild received 409,391 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares"), (ii) Amelia Murillo received 504 Ordinary Shares and (iii) Sir Peter Westmacott received 16 Ordinary Shares, in each case at the reference price of 284.9 pence per share, through the scrip dividend issued on Wednesday 30 August 2023, as set out in the notification of dealing form below.

Following this issue, including those shares held through NR Holdings Ltd, of which Mr Rothschild is a beneficiary, Nathaniel Rothschild will be interested in 45,269,297 Ordinary Shares, representing 24.95% of the ordinary issued share capital of the Company, Amelia Murillo will be interested in 55,776 Ordinary Shares, representing 0.03% of the ordinary issued share capital of the Company, and Sir Peter Westmacott will be interested in 7,734 Ordinary Shares, representing 0.004% of the ordinary issued share capital of the Company.

The notification below is made in accordance with the requirements of the UK version of the EU Market Abuse Regulation which is part of English law by virtue of the European Union (Withdrawal) Act 2018.

 
 1    Details of the Director / person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                            (i) NR Holdings Ltd and Nathaniel Rothschild 
                                       (ii) Amelia Murillo 
                                       (iii) Sir Peter Westmacott 
     -------------------------  -------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status                 (i) Executive Chairman 
                                       (ii) Non-Executive Director 
                                       (iii) Non-Executive Director 
     -------------------------  -------------------------------------------------- 
 b)   Initial notification       Initial Notification 
       / Amendment 
     -------------------------  -------------------------------------------------- 
 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             Ordinary Shares of 25 pence each 
       the financial 
       instrument, type 
       of instrument 
      Identification             GB0009390070 
       code 
 b)   Nature of the              Scrip dividend issue 
       transaction 
 c)   Price(s) and volume(s)          (i) 409,391 Ordinary Shares of 25 pence 
                                       each at a price of 284.9 pence per Ordinary 
                                       Share. 
                                       (ii) 504 Ordinary Shares of 25 pence each 
                                       at a price of 284.9 pence per Ordinary 
                                       Share. 
                                       (iii) 16 Ordinary Shares of 25 pence each 
                                       at a price of 284.9 pence per Ordinary 
                                       Share. 
 
 d)   Aggregated information 
      - Aggregated volume        See 4(c) above. 
      - Aggregated price 
     -------------------------  -------------------------------------------------- 
 e)   Date of the transaction    30 August 2023 
     -------------------------  -------------------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
     -------------------------  --------------------------------------------------

For further information please contact:

Volex plc +44 (0)7971 156 431

Nat Rothschild, Executive Chairman

Jon Boaden, Chief Financial Officer

Chris Bedford, Group General Counsel and Company Secretary

Peel Hunt LLP -- Nominated Adviser & Joint Broker +44 (0)20 7418 8900

Ed Allsopp

Tom Ballard

Ben Harrington

HSBC Bank plc -- Joint Broker +44 (0)20 7991 8888

Simon Alexander

Joe Weaving

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

DSHEBLFXXVLEBBV

(END) Dow Jones Newswires

August 30, 2023 12:00 ET (16:00 GMT)

Volex (AQSE:VLX.GB)
Historical Stock Chart
From Nov 2024 to Nov 2024