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EBT Share Purchase

11th May 2021 13:21

RNS Number : 2640Y
Volex PLC
11 May 2021
 

11 May 2021

 

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 on Thursday 6 and Friday 7 May 2021, the EBT purchased a total of 215,000 Ordinary Shares of 25p each at an average price of 326.87 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 1,146,577 Ordinary Shares, representing approximately 0.73% 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

 

HSBC Bank Plc - Joint Broker

+44 (0)20 7991 8888

Simon Alexander

Joe Weaving

 

 

Powerscourt - Media Enquiries

 

+44 (0)20 7250 1446

James White

Jack Holden

 

 

 

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