15 March 2022
Volex plc
("Volex" or the "Company")
PDMR / PCA Dealing
Volex plc (AIM:VLX) announces that it was notified on 15 March 2022 that Mrs Sharon Molloy, wife of John Molloy, Chief Operating Officer and PDMR, purchased 95,000 Ordinary Shares of 25 pence in the Company ("Ordinary Shares") on 14 March 2022, at a weighted average price of 261.98 pence per Ordinary Share.
Following this purchase, the combined beneficial holding of John Molloy and his wife is 2,295,700 Ordinary Shares in total, representing 1.45% of the issued share capital of the Company.
The following disclosure 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.
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 | Sharon Molloy | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | PCA with John Molloy (Chief Operating Officer, a PDMR of the Company) | ||||||
| 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 Shares of 25 pence each | ||||||
| Identification code | GB0009390070 | |||||||
| b) | Nature of the transactions | Purchase of Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information | | ||||||
| - Aggregated volume | 95,000 | |||||||
| - Price | £248,882.50 | |||||||
| e) | Date of the transactions | 14 March 2022 | ||||||
| f) | Place of the transactions | AIMX | ||||||
For further information please contact:
| Volex plc | +44 (0)7971 156 431 |
| Nat Rothschild, Executive Chairman |
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| Jon Boaden, Chief Financial Officer |
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| Christian Bedford, Group General Counsel and Company Secretary |
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| Singer Capital Markets - Nominated Adviser & Joint Broker | +44 (0)20 7496 3000 |
| Shaun Dobson |
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| George Tzimas |
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| HSBC Bank plc - Joint Broker | +44 (0)20 7991 8888 |
| Simon Alexander |
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| Joe Weaving |
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