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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Avingtrans Plc | LSE:AVG | London | Ordinary Share | GB0009188797 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 425.00 | 420.00 | 450.00 | 0.00 | 07:31:47 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Engineering Services | 116.95M | 5.19M | 0.1579 | 26.92 | 139.81M |
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
APPUNSWRNUAKUAR
(END) Dow Jones Newswires
September 27, 2016 02:01 ET (06:01 GMT)
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