AVG Avingtrans Plc

TIDMAVG

RNS Number : 4787I

Avingtrans PLC

12 August 2021

12 August 2021

Avingtrans plc

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

Exercise of Options and Total Voting Rights

Avingtrans plc (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, announces that it has applied for 12,888 new ordinary shares of 5 pence each ("Ordinary Shares") in the Company to be admitted to trading on AIM on 18 August 2021 following an exercise of share options.

Following the issue of the 12,888 new Ordinary Shares the Company will have a total of 32,022,320 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 
   Singer Capital Markets (Nominated 
    Adviser)                                                   02074 963000 
   Shaun Dobson/Alex Bond (Corporate Finance) Rachel Hayes 
    (Corporate Broking) 
   IFC Advisory Ltd                                            020 3934 6630 
   Graham Herring 
    Tim Metcalfe 
    Zach Cohen 
 

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 - Rochester Hills, 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 
 
 Composite Products Ltd - Buckingham, UK 
 Centre for composite technology, parts and assemblies, serving 
 customers in industrial markets. 
 
 Magnetica Ltd - Brisbane, Australia 
 Magnetica Limited specialises in the development of next generation 
 MRI technologies, including dedicated extremity MRI systems 
 and MRI system components. Magnetica has successfully built 
 and tested a compact, integrated 3 Tesla orthopaedic MRI system, 
 demonstrating clinical-quality imaging. Commercialisation of 
 this system (and others) is on-going. Magnetica's structure 
 now includes two other business units: 
 
 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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August 12, 2021 07:20 ET (11:20 GMT)

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