REG - Volex PLC - Issue of Equity and Total Voting Rights

VolexAnnouncement

28/08/2024 11:00

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RNS Number : 0049C  Volex PLC  28 August 2024

LEI: 213800HBLQNH5FXXGE63

28 August 2024

Volex plc

("Volex" or the "Company")

Issue of Equity and Total Voting Rights

Volex announces that, pursuant to its scrip dividend alternative for the final
dividend of 2.8 pence per share for the year ended 31 March 2024 to be paid on
30 August 2024, elections were received in respect of 4,211,452 ordinary
shares of 25 pence each in the Company ("Ordinary Shares") as at the scrip
election date of 8 August 2024. Accordingly, 33,575 Ordinary Shares (the
"Scrip Dividend Shares") will be issued in satisfaction of such elections at
the scrip reference price of 351.1 pence each.

Application has been made to the London Stock Exchange for the Scrip Dividend
Shares to be admitted to trading on AIM. It is expected that dealings in the
Scrip Dividend Shares will commence at 8.00 a.m. on 30 August 2024.

The Scrip Dividend Shares will rank pari passu in all respects with the
existing Ordinary Shares of the Company.

Total voting rights

Following admission of the Scrip Dividend Shares, the Company's total issued
share capital will consist of 181,651,108 ordinary shares of 25 pence each
with one voting right per share.

As the Company does not hold any shares in treasury, the total number of
voting rights in the Company is also 181,651,108 and this figure may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.

For further information please contact:

Volex
plc
+44 (0)7971 156 431

Nat Rothschild, Executive Chairman
 
investor.relations@volex.com

Jon Boaden, Chief Financial Officer

Chris Bedford, Group General Counsel and Company Secretary

 

Peel Hunt LLP - Nominated Adviser & Joint
Broker
+44 20 7418 8900

Ed Allsopp

Dom Convey

Tom Graham

 

HSBC Bank plc - Joint
Broker
+44 20 7991 8888

Simon Alexander

Joe Weaving

Stephanie Cornish

 

Sodali & Co - Media
Enquiries
+44 20 7250 1446

James White

Nicholas Johnson

 

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