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 27 September 2021.
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 centre, medical equipment and automotive industries. Headquartered in the UK with presence in 21 countries globally covering the Americas, Europe and Asia, Volex operates across two divisions: Power Products (formerly Power Cords) and Integrated Manufacturing Services (formerly Cable or Complex Assemblies).

Power Products 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.

Integrated Manufacturing Services 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 Statement

Nominated Adviser and Broker

  • Nplus1 Singer Advisory LLP
  • 1 Bartholomew Lane
  • London EC2N 2AX

Joint Corporate Broker and Financial Adviser:

  • HSBC Bank plc
  • 8 Canada Square
  • London E14 5HQ

Auditors:

  • PricewaterhouseCoopers LLP
  • 1 Embankment Place
  • London  WC2N 6RHX

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: 158,718,709.

Number of shares held as treasury shares: None

Percentage of shares not in public hands: 30.41%

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:    https://www.volex.com/investor-relations/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) 24.31%
Ruffer LLP 7.37%
Hargreaves Lansdown Asset Management 5.57%
Investec Wealth and Investment 4.62%
Cannacord Genuity Wealth Management 4.20%
Interactive Investor (Glasgow) 4.01%
Herald Investment Management 3.36%


(1) The Executive Chairman, Nathaniel Rothschild, is a beneficiary of NR Holdings Limited. The number of shares noted here also includes those he holds directly.