AIM Rule 26

AIM RULE 26

This page provides the information required by Rule 26 of the AIM Rules for Companies.

This website is owned by Volex plc and was last updated on 15 August 2019.

Volex plc is a company incorporated in England and Wales.  The company registration number is 158956.

Volex Plc is subject to the UK City Code on Takeovers and Mergers.

Company Information

Volex supplies power cords and cable assembly solutions for the consumer electronics, telecommunications, data center, medical equipment and automotive industries. Headquartered in the UK with presence in 19 countries globally covering the Americas, Europe and Asia, Volex operates across two divisions; Power Cords and Cable Assemblies.

Power Cords Division
Volex designs and manufactures power cords, duck heads and related products that are sold to manufacturers of a broad range of electrical and electronic devices and appliances.

Volex products are used in laptops, PCs, tablets, printers, TVs, games consoles, power tools, kitchen appliances and vacuum cleaners. Volex is one of the world’s top two global power cable suppliers with an estimated 7% market share of a fragmented market estimated to be worth $2.4 billion globally in 2016.

Cable Assemblies Division
Volex designs and manufactures a broad range of cables and connectors (ranging from high-speed copper and fibre-optic cables to complex customised optical cable assemblies) that transfer electronic, radio-frequency and optical data. Volex products are used in a variety of applications including data networking equipment, data centres, wireless base stations and cell site installations, mobile computing devices, medical equipment, factory automation, vehicle telematics, agricultural equipment and alternative energy generation.

Board of Directors

Board member biographies can be found here:
Leadership and Governance

Corporate Governance

A Corporate Governance Statement can be found here: 
Corporate Governance

A Corporate Governance Disclosure Table can be found here: 
Corporate Governance Disclosure Table

Advisers

Nominated Adviser and Broker:                   Nplus1 Singer Advisory LLP
                                                                         1 Bartholomew Lane
                                                                         London EC2N 2AX

Joint Broker:                                                   Whitman Howard
                                                                         First Floor, Connaught House, 1-3 Mount Street
                                                                         London W1K 3NB

Auditors:                                                         PricewaterhouseCoopers LLP 
                                                                         1 Embankment Place
                                                                         London  WC2N 6RH

Solicitors:                                                       Travers Smith LLP
                                                                         10 Snow Hill
                                                                         London EC1A 2AL

Registrars:                                                      Link Asset Services
                                                                         The Registry, 34 Beckenham Road, Beckenham.
                                                                         Kent BR3 4TU

 

Securities information and share price

Number of shares in issue with voting rights: ​149,868,439.

Number of shares held as treasury shares: None

Percentage of shares not in public hands: ​46.2%

There are no restrictions on any of the Company's AIM securities.

The company is not listed on any other exchanges or trading platforms.

Share price:    http://www.volex.com/stock-price

 

Significant Shareholders

The following shareholdings represent 3% or more of the voting rights in the Company’s issued share capital:

Investor name                                          Percentage holding (%)

NR Holdings Limited (1)                           24.21%

Ruffer                                                         19.09%

Downing                                                     6.85%

Quaero Capital                                          6.71%

JO Hambro Capital Management          4.54%

Herald Investment Management           4.1%

(1) Nat Rothschild is a beneficiary of NR Holdings Limited.

 

Documentation and announcements

Articles of Association 22 July 2013

Circular - Admission to trading on AIM

Schedule 1 information in accordance with AIM Rules

Appendix to Schedule 1

Annual Reports & Presentation

Regulatory news