Volex PLC Notice of Cyber Incident (3890P)
09 October 2023 - 5:00PM
UK Regulatory
TIDMVLX
RNS Number : 3890P
Volex PLC
09 October 2023
9 October 2023
Volex plc
("Volex", or the "Group")
Notice of Cyber Incident
Volex plc (AIM: VLX), the specialist integrated manufacturer of
critical power and data transmission products, announces that it
has been the subject of a cyber incident which has resulted in
unauthorised access to certain IT systems and data, at some of the
Group's international sites.
On becoming aware of the incident, the Group enacted its
established IT security protocols and took immediate steps to stop
the unauthorised access to its systems and data. Specialist, third
party consultants have been engaged to investigate the nature and
extent of the incident, and to implement the incident response
plan.
The actions taken to date have ensured that all sites remain
operational, with minimal disruption to global production levels,
and the Group continues to trade with its customers and
suppliers.
At this stage, any financial impact resulting from the incident
is not expected to be material.
The Group will provide a further update as and when
appropriate.
For further information please contact:
Volex plc +44 (0)7971 156 431
Nat Rothschild, Executive Chairman investor.relations@volex.com
Jon Boaden, Chief Financial Officer
Peel Hunt LLP - Nominated Adviser & Joint
Broker
Ed Allsopp
Tom Ballard
Ben Harrington +44 (0)20 7418 8900
HSBC Bank plc - Joint Broker
Simon Alexander
Joe Weaving +44 (0)20 7991 8888
Powerscourt - Media Enquiries
James White
Peter Barratt +44 (0)20 7250 1446
About Volex
Volex plc (AIM: VLX) is a global leader in integrated
manufacturing for performance-critical applications and a supplier
of power products. We serve a diverse range of markets and
customers, with particular expertise in cable assemblies,
higher-level assemblies, data centre power and connectivity,
electric vehicles, and consumer electricals. We are headquartered
in the UK and operate from 27 manufacturing locations with a global
workforce of over 11,500 people across 24 countries. Our products
are sold through our own locally based sales teams and through
authorised distributor partners to Original Equipment Manufacturers
('OEMs') and Electronic Manufacturing Services ('EMS') companies
worldwide. All of the products and services that we offer are
integral to the increasingly complex digital world in which we
live, providing power and connectivity from the most common
household items to the most complex medical equipment. For more
information, please visit www.volex.com
-ENDS-
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END
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