Volex PLC Director/PDMR Shareholding (5022W)

TIDMVLX

RNS Number : 5022W

Volex PLC

19 August 2020

19 August 2020

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

Volex plc (AIM:VLX) announces that it was notified on Tuesday 18 August 2020 that Daren Morris, Chief Financial Officer, bought 47,302 Ordinary Shares of 25 pence in the Company at an average price of 160 pence per share on Monday 17 August. Following this purchase, Mr Morris holds 1,070,000 ordinary shares, representing 0.7% 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 :

 
                                          [phone] 
 Volex plc                                 887 
 Nat Rothschild, Executive Chairman 
 Daren Morris, Chief Financial Officer 
 
 
 N+1 Singer - Nominated Adviser & Joint Broker    [phone] 
 Shaun Dobson 
 Iqra Amin 
 
 
 Panmure Gordon - Joint Broker    [phone] 
 Hugh Rich 
 Nick Lovering 
 
 
 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 
     ------------------------------  ------------------------------------------- 
 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 the              Ordinary 25 pence Shares 
       financial instrument, 
       type of instrument 
      Identification code 
 b)   Nature of the transaction       Purchase of Shares 
 c)   Price(s) and volume(s)          47,302 Ordinary 25 pence Shares at an 
                                       average price of GBP1.60 per Share. 
 
 d)   Aggregated information 
      - Aggregated volume             See 4 c) above 
      - Price 
 e)   Date of the transaction         17 August 2020 
 f)   Place of the transaction        AIMX 
     ------------------------------  ------------------------------------------- 
 

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 [e-mail] or visit www.rns.com.

END

DSHQVLFFBVLBBBB

(END) Dow Jones Newswires

August 19, 2020 02:00 ET (06:00 GMT)