Avingtrans PLC Exercise of Share Options (1072S)

TIDMAVG

RNS Number : 1072S

Avingtrans PLC

15 March 2016

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 14 March 2016 the Company issued 16,000 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 18 March 2016. 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 27,746,564 Ordinary Shares. Avingtrans does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in Avingtrans is 27,746,564.

The above figure 27,746,564 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 / Tom Ballard 
  (Corporate Broking) 
  Richard Thomas (Corporate Finance 
  and Nominated Adviser)               020 7260 1000 
 Newgate 
  (Financial PR) 
  Adam Lloyd 
  Ed Treadwell                         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

MSCEAPDSFAFKEEF

(END) Dow Jones Newswires

March 15, 2016 04:25 ET (08:25 GMT)