ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

AVG Avingtrans Plc

425.00
0.00 (0.00%)
14 May 2024 - Closed
Delayed by 15 minutes
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% 425.00 420.00 430.00 425.00 425.00 425.00 92,999 07:44:29
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 116.95M 5.19M 0.1579 26.92 139.81M

Avingtrans PLC Director Shareholdings, Exercise of Options & TVR (0416S)

01/11/2019 3:37pm

UK Regulatory


Avingtrans (LSE:AVG)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Avingtrans Charts.

TIDMAVG

RNS Number : 0416S

Avingtrans PLC

01 November 2019

1 November 2019

Avingtrans Plc

("Avingtrans" or the "Company" or the "Group")

Director Shareholdings, 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 certain dealings in its shares.

Exercise of Options

The Company has issued, conditional on admission to trading on AIM, a total of 11,500 new ordinary shares of 5 pence each ("New Ordinary Shares") in the Company following an exercise of employee share options under its CSOP programme. Application for admission of these New Ordinary Shares to trading on AIM has been made and admission is expected on 6 November 2019.

Shares Awarded Under ExSOP

In addition, on 31 October, the Board of Avingtrans granted awards under the Company's ExSOP over a total of 121,307 ordinary shares to certain PDMRs of the Company with each paying 0.1 pence for his interest in each ordinary share. The awarded shares are to be provided from those held by the Company's Employee Benefit Trust (the "EBT Shares"). The details of these awards, together with the resultant shareholdings, are set out below:

 
 Name          Role                     Current       Number       Shares       Resultant     Resultant 
                                   shareholding    of shares    Purchased    shareholding    percentage 
                                     (including      awarded                   (including       holding 
                                          PCAs)                                     PCAs) 
 Steve         Chief Executive 
  McQuillan     Officer                 243,500       52,742          Nil      296,242(1)         0.94% 
              -----------------  --------------  -----------  -----------  --------------  ------------ 
 Stephen       Chief Financial 
  King          Officer                 180,248       39,557          Nil      219,805(2)         0.70% 
              -----------------  --------------  -----------  -----------  --------------  ------------ 
               MD, Process 
                Solutions 
 Austen         & Rotating 
  Adams         Equipment                   Nil       29,008        5,000       34,008(3)         0.11% 
              -----------------  --------------  -----------  -----------  --------------  ------------ 
 
   (1)      This figure includes 280,223 held by Sheena McQuillan (spouse) 
   (2)      This figure includes 219,805 held by Helen King (spouse) 

(3) This figure reflects certain additional share transactions, details of which are set out below.

PDMR Dealings

Subsequent to the award of EBT Shares, the Company was notified that on 31 October 2019 that Austen purchased an additional 5,000 New Ordinary Shares into his ISA, via an on-market purchase at a price of 2.5754 pence per ordinary share.

Total Voting Rights

Following the issue of the 11,500 new Ordinary Shares, the Company will have a total of 31,379,553 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 
 Steve McQuillan, Chief Executive Officer 
  Stephen King, Chief Financial Officer 
 N+1 Singer (Nominated Adviser)                    020 7496 3000 
 Shaun Dobson/Lauren Kettle (Corporate Finance) 
  Mia Gardner/Rachel Hayes (Corporate Broking) 
 Newgate (Financial PR)                            020 7653 9850 
 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

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Steve McQuillan 
     -----------------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                PDMR 
     -----------------------------  --------------------------------------- 
      Initial notification           Initial notification 
       /Amendment 
     -----------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                           Avingtrans PLC 
     -----------------------------  --------------------------------------- 
 b)   LEI                            213800ZZ96CKPI423E86 
     -----------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------------- 
 a)   Description                    Ordinary Shares of 5p each 
       of the financial 
       instrument, 
       type of instrument 
 
      Identification                 ISIN: GB0009188797 
       code 
 
 b)   Nature of                                 Award of Shares 
       the transaction 
     -----------------------------  --------------------------------------- 
 c)   Price(s) 
       and volume(s) 
                                      --------------------------------- 
                                        Exercise    Volume(s) 
                                          Price(s) 
                                         0.1         52,742 
                                                    ---------- 
     -----------------------------    --------------------------------- 
 d)   Aggregated                     n/a 
       information 
 
      - Aggregated 
       volume 
 
      - Price 
 
 e)   Date of the                    31 October 2019 
       transaction 
     -----------------------------  --------------------------------------- 
 f)   Place of                       Off market 
       the transaction 
     -----------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Stephen King 
     -----------------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                PDMR 
     -----------------------------  --------------------------------------- 
      Initial notification           Initial notification 
       /Amendment 
     -----------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                           Avingtrans PLC 
     -----------------------------  --------------------------------------- 
 b)   LEI                            213800ZZ96CKPI423E86 
     -----------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------------- 
 a)   Description                    Ordinary Shares of 5p each 
       of the financial 
       instrument, 
       type of instrument 
 
      Identification                 ISIN: GB0009188797 
       code 
 
 b)   Nature of                                 Award of Shares 
       the transaction 
     -----------------------------  --------------------------------------- 
 c)   Price(s) 
       and volume(s) 
                                      --------------------------------- 
                                        Exercise    Volume(s) 
                                          Price(s) 
                                         0.1         39,557 
                                                    ---------- 
     -----------------------------    --------------------------------- 
 d)   Aggregated                     n/a 
       information 
 
      - Aggregated 
       volume 
 
      - Price 
 
 e)   Date of the                    31 October 2019 
       transaction 
     -----------------------------  --------------------------------------- 
 f)   Place of                       Off market 
       the transaction 
     -----------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Austen Adams 
     -----------------------------  --------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                PDMR 
     -----------------------------  --------------------------------------- 
      Initial notification           Initial notification 
       /Amendment 
     -----------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                           Avingtrans PLC 
     -----------------------------  --------------------------------------- 
 b)   LEI                            213800ZZ96CKPI423E86 
     -----------------------------  --------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ---------------------------------------------------------------------- 
 a)   Description                    Ordinary Shares of 5p each 
       of the financial 
       instrument, 
       type of instrument 
 
      Identification                 ISIN: GB0009188797 
       code 
 
 b)   Nature of                                 Award of Shares 
       the transaction 
     -----------------------------  --------------------------------------- 
 c)   Price(s) 
       and volume(s) 
                                      --------------------------------- 
                                        Exercise    Volume(s) 
                                          Price(s) 
                                         0.1         29,008 
                                                    ---------- 
     -----------------------------    --------------------------------- 
 d)   Aggregated                     n/a 
       information 
 
      - Aggregated 
       volume 
 
      - Price 
 
 e)   Date of the                    31 October 2019 
       transaction 
     -----------------------------  --------------------------------------- 
 f)   Place of                       Off market 
       the transaction 
     -----------------------------  --------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Austen Adams 
     ------------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status                 PDMR 
     ------------------------------  --------------------------------------------- 
      Initial notification            Initial notification 
       /Amendment 
     ------------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                            Avingtrans PLC 
     ------------------------------  --------------------------------------------- 
 b)   LEI                             213800ZZ96CKPI423E86 
     ------------------------------  --------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ----------------------------------------------------------------------------- 
 a)   Description                     Ordinary Shares of 5p each 
       of the financial 
       instrument, 
       type of instrument 
 
      Identification                  ISIN: GB0009188797 
       code 
 
 b)   Nature of                                  Purchase of Ordinary Shares 
       the transaction 
     ------------------------------  --------------------------------------------- 
 c)   Price(s) 
       and volume(s) 
                                       --------------------------------------- 
                                         Price(s)   Volume(s) 
                                          2.5754     5,000 
                                                    ---------- 
     ------------------------------    --------------------------------------- 
 d)   Aggregated                      n/a 
       information 
 
      - Aggregated 
       volume 
 
      - Price 
 
 e)   Date of the                     31 October 2019 
       transaction 
     ------------------------------  --------------------------------------------- 
 f)   Place of                        London Stock Exchange 
       the transaction 
     ------------------------------  --------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCFSLFIFFUSEDF

(END) Dow Jones Newswires

November 01, 2019 11:37 ET (15:37 GMT)

1 Year Avingtrans Chart

1 Year Avingtrans Chart

1 Month Avingtrans Chart

1 Month Avingtrans Chart