Avingtrans PLC Director's Dealing (3320S)

TIDMAVG

RNS Number : 3320S

Avingtrans PLC

02 October 2017

Avingtrans plc

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

Director's Dealings

Avingtrans plc, which designs, manufactures and supplies critical components, modules and associated services to the energy and medical sectors, announces the following purchase of ordinary shares in the capital of the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer of the Group. On 29 September 2017, Steve purchased a total of 18,500 Ordinary Shares at a price of 212 pence (the "Share Purchase"). Of the Share Purchase, 9,250 Ordinary Shares were purchased by Steve's wife, Sheena McQuillan, and 9,250 Ordinary Shares were purchased by Steve directly.

As a result of the Share Purchase, Steve McQuillan is holding a total of 243,500 Ordinary Shares, equivalent to 0.79 per cent. of the voting share capital of the Company; of which 227,481 Ordinary Shares are held by Sheena McQuillan and 16,019 Ordinary Shares are held by Steve directly.

Enquiries:

 
 Avingtrans plc 
  Roger McDowell, Chairman 
  Steve McQuillan, Chief 
  Executive Officer 
  Stephen King, Chief Financial 
  Officer                          01354 692391 
 
 N+1 Singer 
  (Nominated Adviser) 
  Shaun Dobson 
  Lauren Kettle                    020 7496 3000 
 
 Newgate 
  (Financial PR) 
  Adam Lloyd / Ed Treadwell        020 7653 9850 
 

About Avingtrans plc:

Avingtrans is engaged in the provision of highly engineered components, systems and services to the energy, medical and traffic management industries worldwide.

Energy and Medical

 
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. 
 
 Maloney Metalcraft Ltd - Aldridge, UK 
Designs, manufactures and services oil and gas 
 extraction and processing equipment, including 
 process plant for dehydration, sweetening, drying 
 and compression. 
 
 Hayward Tyler - Luton & East Kilbride, UK and USA, 
 China and India 
 Specialises in the design, manufacture and servicing 
 of performance-critical motors and pumps in challenging 
 environments 
 
 Peter Brotherhood - Peterborough, UK 
 Specialises in the design, manufacture and servicing 
 of performance-critical steam turbines, turbo gen-sets, 
 compressors, gear boxes and combined heat and power 
 systems 
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 cryogenic systems for a 
 variety of markets 
 
 Crown International Ltd - Portishead, UK 
 Designs and manufactures market-leading pole and 
 support systems for roadside signage and safety 
 cameras, rail track signalling and gantries. 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                       Steve McQuillan 
---  -------------------------  ----------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  -------------------------  ----------------------------- 
 b)   Initial notification       Initial 
       /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 of 
       the financial               Ordinary Shares of 5p each 
       instrument, type 
       of instrument               GB0009188797 
 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Purchase 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    212p       9,250 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information     N/A (individual transaction) 
 
       - Aggregated volume 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    29 September 2017 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ----------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                       Sheena McQuillan 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            PCA (Wife of Steve McQuillan, 
                                  Chief Executive Officer) 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial 
       /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 of 
       the financial               Ordinary Shares of 5p each 
       instrument, type 
       of instrument               GB0009188797 
 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              Purchase 
       transaction 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    212p       9,250 
                                   ---------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information     N/A (individual transaction) 
 
       - Aggregated volume 
 
       - Price 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    29 September 2017 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHOKDDQKBDDCKK

(END) Dow Jones Newswires

October 02, 2017 02:00 ET (06:00 GMT)