Avingtrans PLC Exercise of Options (3354O)
May 27 2015 - 3:58AM
UK Regulatory
TIDMAVG
RNS Number : 3354O
Avingtrans PLC
27 May 2015
27 May 2015
Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Exercise of Share Options
Avingtrans (AIM:AVG), a manufacturer of critical components and
associated services to the global aerospace, energy and medical
sectors announces that on 22 May 2015 the Company issued 9,500
ordinary shares of 5 pence each ("Ordinary Shares") following the
exercise of options under the Company's CSOP share option
scheme.
Application has been made to the London Stock Exchange for the
new ordinary shares to be admitted to trading on AIM and it is
expected that admission will take place on 29 May 2015. Upon
Admission, the shares will rank pari passu in all respects with the
existing Ordinary Shares of the Company.
After admission of these new shares, the Company's total issued
share capital is 27,711,564 Ordinary Shares. Avingtrans does not
hold any Ordinary Shares in treasury. Therefore, the total number
of voting rights in Avingtrans is 27,711,564.
The above figure 27,711,564 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, Avingtrans under the FSA's Disclosure and Transparency
Rules.
Enquiries:
Avingtrans plc
Steve McQuillan, CEO
Stephen King, CFO 0115 949 9020
Numis Securities Limited
David Poutney (Corporate
Broking)
Richard Thomas (Corporate
Finance and Nominated
Adviser) 020 7260 1000
Newgate (Financial PR)
Adam Lloyd
Lois Engstrand 020 7653 9850
About Avingtrans
Avingtrans plc is engaged in the provision
of highly engineered components and services
to the Aerospace, Energy and Medical markets
worldwide.
The business is made up of 2 divisions:
-- Aerospace, engaged in the manufacture of rigid
pipe assemblies, fabrications and prismatic
components - both metallic and composite -
for the global aerospace market and precision
polishing of aircraft components and;
-- Energy and medical, engaged in the manufacture
of machined and fabricated pressure and vacuum
vessels and components for the energy, medical,
science and research communities. Plus, design
and manufacture of fabricated poles and cabinets
for roadside safety cameras and rail track
signalling.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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