Avingtrans PLC Appointment of joint broker (8754K)
September 27 2016 - 2:01AM
UK Regulatory
TIDMAVG
RNS Number : 8754K
Avingtrans PLC
27 September 2016
27 September 2016
Avingtrans plc
("Avingtrans" or the "Company")
Appointment of joint broker
Avingtrans, a manufacturer of critical components, systems and
associated services to the global energy, medical and traffic
management sectors, is pleased to announce that it has appointed
N+1 Singer Advisory LLP ("N+1 Singer") as its joint broker with
immediate effect. In addition, Avingtrans confirms that it intends
to appoint N+1 Singer as its nominated adviser and sole broker upon
completion of the anticipated tender offer.
A further announcement confirming the appointment will be
released in due course.
Enquiries
Avingtrans plc
Steve McQuillan, CEO
Stephen King, CFO 0115 949 9020
Numis Securities Limited (Nominated
Adviser and Joint Broker)
Tom Ballard (Corporate Broking)
Richard Thomas (Corporate Finance) 020 7260 1000
N+1 Singer (Joint Broker)
Shaun Dobson
Lauren Kettle 020 7496 3000
Newgate (Financial PR)
Adam Lloyd
Ed Treadwell 020 7653 9850
About Avingtrans
Avingtrans plc is engaged in the provision of highly engineered
components, systems and services to the energy, medical and traffic
management industries worldwide.
Energy and medical, engaged in the design and manufacture of
safety critical equipment for the energy, medical, science and
research communities, including oil and gas extraction and
processing equipment, nuclear process plant, machined and
fabricated pressure and vacuum vessels and components. Also, design
and manufacture of fabricated poles and cabinets for roadside
safety cameras and rail track signalling.
The strategy of the group, is to "buy and build" in regulated
engineering niche markets, where we can see potential consolidation
opportunities, which can lead to significantly increased
shareholder value over the medium to long term.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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