Volex PLC Director/PDMR Shareholding (2501A)

TIDMVLX

RNS Number : 2501A

Volex PLC

10 September 2018

Volex plc

("Volex" or the "Company")

Director/PDMR Shareholding

The Company announces today that on 7 September, Nat Rothschild, Executive Chairman was issued 352,941 Ordinary Shares in the Company in respect of a deferred management bonus award.

The Company also announces that on 7 September, Daren Morris, Chief Financial Officer, was issued and 117,647 Ordinary Shares in respect of a deferred management bonus award.

The change in each directors shareholding is set out below:

 
    Director           Position        Holding        Change        Holding     Holding 
                                       pre-award    in ordinary    post-award    % ISC 
                                                      shares 
----------------  -----------------  -----------  -------------  ------------  -------- 
                      Executive 
 Nat Rothschild        Chairman       34,720,309     352,941      35,073,250     24.1 
----------------  -----------------  -----------  -------------  ------------  -------- 
                   Chief Financial 
  Daren Morris          Officer        385,000       117,647        502,647       0.3 
 

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

For further information, please contact:

   Volex plc                                                            Tel: [phone] 

Daren Morris, CFO

Liberum

   (Nominated Adviser & Broker)                         Tel: [phone] 

Steve Pearce

Euan Brown

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

 
 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 and Company Secretary 
     ---------------------------  ---------------------------------------------- 
 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          GB0007958233 
 b)   Nature of the transaction    Deferred Management Bonus Award 
 c)   Price(s) and volume(s)       Award of 117,647 shares for nil consideration 
                                   Following this transaction, Daren Morris 
                                    holds 502,647 Shares in the Company. 
 d)   Aggregated information 
      - Aggregated volume          See 4 c) above 
      - Price 
 e)   Date of the transaction      7 September 2018 
 f)   Place of the transaction     AIMX 
     ---------------------------  ---------------------------------------------- 
 

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED

 
 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         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          GB0007958233 
 b)   Nature of the transaction    Deferred Management Bonus Award 
 c)   Price(s) and volume(s)       Award of 352,941 shares for nil consideration 
                                   Following this transaction, Nat Rothschild 
                                    holds 35,073,250 Shares in the Company. 
 d)   Aggregated information 
      - Aggregated volume          See 4 c) above 
      - Price 
 e)   Date of the transaction      7 September 2018 
 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

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September 10, 2018 03:53 ET (07:53 GMT)