An announcement from Volex plc ( (GB:VLX) ) is now available.
Volex plc announced that its Executive Chairman, Lord Nathaniel Rothschild, has received an additional 31,220 ordinary shares, increasing his total shareholding to approximately 25.36% of the company’s issued share capital. This transaction, conducted through an existing trust structure, signifies a consolidation of Rothschild’s influence within the company, potentially impacting its strategic direction and stakeholder confidence.
More about Volex plc
Volex plc operates in the electrical and electronic manufacturing industry, focusing on the production of power cords, cable assemblies, and harnesses. The company serves a diverse range of markets including telecommunications, data centers, and industrial technology.
YTD Price Performance: -2.30%
Average Trading Volume: 362,700
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £505.5M
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