TIDMAVG

RNS Number : 8783I

Avingtrans PLC

16 December 2020

Avingtrans Plc

("Avingtrans" or the "Company" or the "Group")

Exercise of Options and Total Voting Rights

Avingtrans plc, which designs, manufactures and supplies critical components, modules and associated services to the energy and medical sectors, announces that it has applied for 33,000 new ordinary shares of 5 pence each ("Ordinary Shares") in the Company to be admitted to trading on AIM on 22 December 2020 following an exercise of share options.

Following the issue of the 33,000 new Ordinary Shares the Company will have a total of 31,897,594 Ordinary Shares in issue. The Company does not hold any shares in Treasury.

The above figure may be used by 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 under the FCA's Disclosure Guidance and Transparency Rules.

The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

 
 Avingtrans plc                                01354 692391 
 Roger McDowell, Chairman 
  Steve McQuillan, Chief Executive Officer 
  Stephen King, Chief Financial Officer 
 
 N+1 Singer (Nominated Adviser)                02074 963000 
 Shaun Dobson/Alex Bond (Corporate Finance) 
  Rachel Hayes (Corporate Broking) 
 Newgate (Financial PR)                        02076 539850 
 Adam Lloyd 
  Tom Carnegie 
 

About Avingtrans plc:

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

Business units

 
Hayward Tyler - Luton & East Kilbride, UK and USA, China and India 
 Specialises in the design, manufacture and servicing of performance-critical 
 motors and pumps for challenging environments. 
 
 Energy Steel, Inc - Lapeer, Michigan, USA 
 Provider of custom fabrications for the nuclear industry, specialising in: 
 OEM parts obsolescence; custom fabrications; engineering design solutions; 
 product refurbishment; on-site technical support. 
 
 Stainless Metalcraft Ltd - Chatteris, UK and Chengdu, China 
 Provider of safety-critical equipment for the energy, medical, science and 
 research communities, worldwide, specialising in precision pressure and 
 vacuum vessels and associated fabrications, sub-assemblies and systems. 
 
 Booth Industries - Bolton, UK 
 Designs, manufactures, installs and services doors and walls which can be 
 tailored to be: blast &explosion proof; fireproof; acoustically shielded; 
 high security/safety; or combinations of the above 
 
 Ormandy Group, Bradford, UK 
 Design, manufacturers and servicing of off-site plant, heat exchangers and 
 other HVAC (heating, ventilation and air conditioning) products 
 
 Peter Brotherhood - Peterborough, UK 
 Specialises in the design, manufacture and servicing of performance-critical 
 steam turbines, turbo gen-sets, compressors, gear boxes and combined heat 
 and power systems. 
 
 Composite Products Ltd - Buckingham, UK 
 Centre for composite technology, parts and assemblies, serving customers 
 in industrial markets. 
 
 Scientific Magnetics - Abingdon, UK 
 Designs and manufactures superconducting magnet systems and associated cryogenics 
 for a variety of markets including MRI and provides services for Nuclear 
 Magnetic Resonance instruments. 
 
 Tecmag Inc, Houston, USA 
 Designs, manufactures and installs instrumentation, including consoles, 
 system upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) 
 and Nuclear Magnetic Resonance (NMR) systems. 
 

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END

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(END) Dow Jones Newswires

December 16, 2020 06:51 ET (11:51 GMT)

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