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VLX Volex Plc

313.50
-5.00 (-1.57%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Volex Plc LSE:VLX London Ordinary Share GB0009390070 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00 -1.57% 313.50 310.50 312.50 325.00 310.00 325.00 381,521 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 722.8M 36.8M 0.2031 15.26 561.59M

Volex PLC Director / PDMR Dealing (8154X)

31/08/2022 3:58pm

UK Regulatory


Volex (LSE:VLX)
Historical Stock Chart


From Apr 2022 to Apr 2024

Click Here for more Volex Charts.

TIDMVLX

RNS Number : 8154X

Volex PLC

31 August 2022

31 August 2022

Volex plc

(the "Volex" or "Company")

Director / PDMR Dealing

Volex plc (AIM:VLX) announces that it has been notified that on 26 August 2022, the following directors / persons discharging managerial responsibilities ('PDMRs') acquired (in aggregate) 97,011 ordinary shares in the capital of the Company (the 'Shares') upon vesting of the deferred bonus awards granted to them on 26 August 2021 under the Volex plc Deferred Bonus Plan (the 'DBP Awards'). Details of the vested DBP Awards are summarised below:

 
 PDMR              Number of vested Shares 
 Nat Rothschild    42,365 
                  ------------------------ 
 John Molloy       29,011 
                  ------------------------ 
 Jon Boaden        25,635 
                  ------------------------ 
 

The DBP Awards were satisfied on a nil-cost basis using existing Shares purchased in the market by the trustee of the Company's employee benefit trust.

The Company also announces that it has been notified that on 26 August 2022, 14,505 vested Shares were retained and sold on John Molloy's behalf and 12,369 vested Shares were retained and sold on Jon Boaden's behalf to settle their respective tax liabilities in relation to the vesting of their DBP Awards (in accordance with an irrevocable authority provided to the Company by each PDMR for this purpose).

Following the above dealings, and the dealings announced on 30 August 2022 in connection with the scrip dividend, the PDMRs hold (or are interested in) the following Shares (not including unvested or unexercised LTIP or DBP Awards):

 
 PDMR               Number of Shares   Holding as a percentage 
                                        of issued share capital 
 Nat Rothschild*    39,321,176         24.72% 
                   -----------------  ------------------------- 
 John Molloy**      2,310,206          1.45% 
                   -----------------  ------------------------- 
 Jon Boaden         15,054             0.009% 
                   -----------------  ------------------------- 
 

*Including those shares held through NR Holdings Ltd, of which Nat Rothschild is a beneficiary **Including those shares held by Sharon Molloy, a PCA with John Molloy

This announcement is made in accordance with Article 19 of the UK version of the EU Market Abuse Regulation 596/2014 which has effect in English law by virtue of the European Union (Withdrawal) Act 2018.

Nat Rothschild:

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Nat Rothschild 
     ======================================== 
 2    Reason for the notification 
 a)   Position/status                           PDMR, Executive Chairman 
     ======================================== 
 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 
       code 
     ======================================== 
 b)   Nature of the                             Acquisition of shares on the vesting of 
       transaction                               deferred bonus award 
 c)   Price(s) and volume(s)                         Price(s)              Volume(s) 
                                                       GBPnil                42,365 
     ========================================  ==================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    42,365 
                                                  GBPnil 
 e)   Date of the transaction                   26 August 2022 
     ======================================== 
 f)   Place of the transaction                  Outside a trading venue 
===  ========================================  ========================================== 
 

John Molloy:

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      John Molloy 
     ======================================== 
 2    Reason for the notification 
 a)   Position/status                           PDMR, Chief Operating Officer 
     ======================================== 
 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 
       code 
     ======================================== 
 b)   Nature of the                             Acquisition of shares on the vesting of 
       transaction                               deferred bonus award 
 c)   Price(s) and volume(s)                         Price(s)              Volume(s) 
                                                       GBPnil                29,011 
     ========================================  ==================== 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    29,011 
                                                  GBPnil 
 e)   Date of the transaction                   26 August 2022 
     ======================================== 
 f)   Place of the transaction                  Outside a trading venue 
===  ========================================  ========================================== 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      John Molloy 
 2    Reason for the notification 
 a)   Position/status                           PDMR, Chief Operating Officer 
 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 
       code 
 b)   Nature of the                             Sale of shares to settle tax liability 
       transaction                               arising on the vesting of deferred bonus 
                                                 award 
 c)   Price(s) and volume(s)                          Price(s)              Volume(s) 
                                                        283.5p                14,505 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    14,505 
                                                  GBP41,121.68 
 e)   Date of the transaction                   26 August 2022 
 f)   Place of the transaction                  AIM market of the London Stock Exchange 
===  ========================================  ============================================ 
 

Jon Boaden:

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                      Jon Boaden 
 2    Reason for the notification 
 a)   Position/status                           PDMR, Chief Financial Officer 
 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 
       code 
 b)   Nature of the                             Acquisition of shares on the vesting of 
       transaction                               deferred bonus award 
 c)   Price(s) and volume(s)                         Price(s)              Volume(s) 
                                                       GBPnil                25,635 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                    25,635 
                                                  GBPnil 
 e)   Date of the transaction                   26 August 2022 
 f)   Place of the transaction                  Outside a trading venue 
===  ========================================  ========================================== 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                     Jon Boaden 
 2    Reason for the notification 
 a)   Position/status                          PDMR, Chief Financial Officer 
 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 
       code 
 b)   Nature of the                            Sale of shares to settle tax liability 
       transaction                              arising on the vesting of deferred bonus 
                                                award 
 c)   Price(s) and volume(s)                         Price(s)              Volume(s) 
                                                      283.50p                12,369 
 d)   Aggregated information 
       - Aggregated volume 
       - Price                                   12,369 
                                                 GBP35,066.12 
 e)   Date of the transaction                  26 August 2022 
 f)   Place of the transaction                 AIM market of the London Stock Exchange 
===  =======================================  ============================================ 
 

For further information please contact :

 
                                                 +44 (0)7971 
 Volex plc                                        156 431 
 Nat Rothschild, Executive Chairman 
 Jon Boaden, Chief Financial Officer 
 Christian Bedford, Group General Counsel and 
  Company Secretary 
 Singer Capital Markets (Nominated Adviser       +44 (0)20 7496 
  & Joint Broker)                                 3000 
 Shaun Dobson / George Tzimas 
                                                 +44 (0)20 7991 
 HSBC Bank plc - Joint Broker                     8888 
 Simon Alexander / Joe Weaving 
 

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END

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August 31, 2022 10:58 ET (14:58 GMT)

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