TIDMAVG
RNS Number : 2163V
Avingtrans PLC
13 April 2021
13 April 2021
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 16 April 2021 following an
exercise of share options.
Following the issue of the 33,000 new Ordinary Shares the
Company will have a total of 31,971,307 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)
SEC 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
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.
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 remained at
the
forefront of MRI systems technology, successfully designing and
commercialising a 1.5 Tesla extremity MRI superconducting magnet
that is now the heart of over two hundred MRI systems world-wide.
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.
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END
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