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Volex PLC - Director/PDMR Shareholding

RNS Number : 2056X
Volex PLC
26 August 2020
 

26 August 2020

 

Volex plc

("Volex" or the "Company")

 

Director/PDMR Shareholding 

Volex plc (AIM:VLX) announces that it was notified on Tuesday 25 August 2020 that NR Holdings Ltd purchased 500,000 Ordinary Shares of 25 pence in the Company during the day, at an average price of 165 pence per share. Following this purchase, Nat Rothschild, Executive Chairman of the Company, a beneficiary of NR Holdings Ltd, will hold 37,965,595 ordinary shares, representing 24.94% 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 7909 995 887

Nat Rothschild, Executive Chairman


Daren Morris, Chief Financial Officer


 

N+1 Singer - Nominated Adviser & Joint Broker

+44 20 7496 3000

Shaun Dobson


Iqra Amin


 

Panmure Gordon - Joint Broker

+44 20 7886 2500

Hugh Rich


Nick Lovering


 

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) 

500,000 Ordinary 25 pence Shares at an average price of £1.65 per Share.


 

d)

Aggregated information 


- Aggregated volume

See 4 c) above

- Price


e)

Date of the transaction

25 August 2020

f)

Place of the transaction 

AIMX

 

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Quick facts: Volex PLC

Price: 243.95

Market: AIM
Market Cap: £371.42 m
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