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EBT Share Purchase

4th Dec 2020 16:27

RNS Number : 6617H
Volex PLC
04 December 2020
 

4 December 2020

 

Volex plc

("Volex" or the "Company")

 

Employee Benefit Trust Share Purchase

 

The Company has been notified by the trustee of the Volex Group PLC Employees' Share Trust (the "EBT") that between 1 and 3 December 2020, the EBT purchased 489,000 Ordinary Shares of 25p each at an average price of 270.05 pence per share. The shares will be held in the EBT, a discretionary trust, and are intended to be used to satisfy the exercise of share options by employees including the Directors of the Company. Following these transactions, the Company's EBT holds a total of 1,125,576 Ordinary Shares, representing approximately 0.74% of the Company's issued share capital.

For further information please contact:

Volex plc

+44 (0)7747 488 785

Nat Rothschild, Executive Chairman

Jon Boaden, Chief Financial Officer

 

N+1 Singer - Nominated Adviser & Joint Broker

+44 (0)20 7496 3000

Shaun Dobson

Iqra Amin

 

Panmure Gordon - Joint Broker

+44 (0)20 7886 2500

Hugh Rich

 

Powerscourt - Media Enquiries

 

+44 (0)20 7250 1446

James White

Jack Holden

 

 

 

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