VOLEX PLC — AGM Information 2014

Jul 1, 2014

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RNS Number : 0947L

Volex PLC

01 July 2014

CAPITALISED TERMS USED IN THIS ANNOUNCEMENT HAVE THE MEANINGS GIVEN TO THEM IN THE PROSPECTUS DATED 12 JUNE 2014 ("PROSPECTUS").

1 July 2014

VOLEX PLC

RESULTS OF GENERAL MEETING AND DIRECTORS' HOLDINGS

Volex plc (the "Company"), a global provider of power and data cabling solutions, announces the results of a General Meeting which was held today in connection with the Company's proposed Placing and Open Offer (the "Placing and Open Offer") of 24,067,171 new ordinary shares ("New Shares") at 75 pence each to raise approximately £18.1 million (US$30.3 million).

The resolution was duly passed as an ordinary resolution on a poll with 40,236,578 votes cast in favour of the resolution, representing 99.98% of the shares that were voted at the General Meeting.

The proxy votes were cast as follows:

Resolution	For	%	Against	%	Total proxy votes cast	Votes withheld
To authorise the Directors of the Company to allot shares in the Company pursuant to sections 551(a) and (b) of the Companies Act 2006 up to an aggregate nominal amount of £6,016,792.75 in connection with the Placing and Open Offer with such authorisation to be conditional upon the admission of the New Shares to the Official List and to trading on the main market of the London Stock Exchange.	40,236,578	99.98	7,650	0.02	40,244,228	104,612

A copy of this announcement setting out the results for the General Meeting is also available on the Company's website at www.volex.com. In accordance with UK Listing Rule 9.6.2R two copies of the resolution have been submitted to the Financial Conduct Authority via the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do.

The Placing and Open Offer remains conditional, amongst other things, upon Admission.  Admission is expected to become effective at or shortly after 8.00 a.m. on 2 July 2014.

Following Admission, the number of ordinary shares that the Company will have in issue will be 90,251,892. The total number of voting rights of the Company will be 90,251,892. Following Admission, this figure may be used by the Company's 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 Company.

Following the Placing and Open Offer and Admission, the Directors of the Company will hold the following interests in the issued share capital of the Company:

Director	Number of Ordinary Shares held prior to Admission	%  share capital prior to Admission	Number of New Shares immediately following Admission	Number of Ordinary Shares held following Admission	% Enlarged Ordinary Share Capital
Karen Slatford	55,000	0.083	10,909	65,909	0.073
Christoph Eisenhardt	88,274	0.133	9,090	97,364	0.108
Daren Morris	80,000	0.121	10,909	90,909	0.101
Total	223,274	0.337	30,908	254,182	0.282

Neither the content of the Company's website (or any other website) nor any website accessible by hyperlinks on the Company's website (or any other website) is incorporated in, or forms part of, this announcement.

Nicole Pask Company Secretary Volex plc	+44 20 3370 8830

This information is provided by RNS

The company news service from the London Stock Exchange

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