VOLEX PLC — Remuneration Information 2015

Jun 18, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 5468Q

Volex PLC

18 June 2015

Volex plc

Quoted on London Stock Exchange (VLX.L)

("Volex" or the "Company")

18 June 2015

Volex, a global provider of power and data cabling solutions, today announces that its Chief Financial Officer, Daren Morris, was granted an award over 362,889 ordinary shares under the Volex Group plc Performance Share Plan 2009 (the "PSP Award").

The PSP Award vests normally after three years with 50% linked to an operating profit target and 50% linked to a relative total shareholder return target.  In each case, the price payable for the acquisition of vested award shares is the nominal value of £0.25 per share.

This is the first such award for Mr Morris.

For more information please contact:

Volex plc

Nicole Pask                                                                                               +44 (0)20 3370 8830

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSKVLBFEQFFBBQ