Avingtrans PLC Exercise of Options and Total Voting Rights (5056H)
06 April 2022 - 9:59PM
UK Regulatory
TIDMAVG
RNS Number : 5056H
Avingtrans PLC
06 April 2022
6 April 2022
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 15,125 new ordinary shares of 5 pence each
("Ordinary Shares") in the Company to be admitted to trading on AIM
on 12 April 2022 following an exercise of share options.
Following the issue of the 15,125 new Ordinary Shares the
Company will have a total of 32,141,445 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
and Broker) 02074 963000
Shaun Dobson
Alex Bond
Oliver Platts
Rachel Hayes
IFC Advisory (Financial PR) 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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