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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% | 323.00 | 320.00 | 322.50 | 326.50 | 310.00 | 310.00 | 689,566 | 16:35:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Electronic Components, Nec | 722.8M | 36.8M | 0.2031 | 15.78 | 580.61M |
TIDMVLX
RNS Number : 3212R
Volex PLC
08 December 2016
Volex plc
8 December 2016
SHARE AWARDS
Volex plc ("Volex" or the "Company") a global provider of power and data cabling solutions, today announces that Persons Discharging Managerial Responsibilities ("PDMRs") were each granted share awards over ordinary shares of GBP0.25 each in the Company (the "Shares").
Performance Share Awards
Performance share awards were granted under the Volex Group plc Performance Share Plan 2009 (the "PSP Awards") over the Company's Shares as follows:
Director or PDMR Position Number of PSP Awards Granted Nat Rothschild Executive Chairman 600,000 Chief Financial Daren Morris Officer 600,000 Raymond Liu Head of Asia 105,313
The PSP Awards vest after three years with 50% linked to an operating profit target and 50% linked to a relative total shareholder return target. In each case, the price payable for the acquisition of vested award shares is the nominal value of GBP0.25 per Share.
Following such awards, the PDMRs will hold options over an aggregate of Shares under the Performance Share Plan 2009 as set out below:
Director or PDMR Position Number of PSP Awards Granted Nat Rothschild Executive Chairman 1,256,168 Chief Financial Daren Morris Officer 1,619,057 Raymond Liu Head of Asia 444,868
For further information please contact:
Kim Small, Assistant Company Secretary, Volex plc + 44 (0)20 8017 3240
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHKVLBBQLFLFBQ
(END) Dow Jones Newswires
December 08, 2016 04:27 ET (09:27 GMT)
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