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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% | 415.00 | 410.00 | 420.00 | 415.00 | 415.00 | 415.00 | 11,484 | 08:00:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Engineering Services | 116.95M | 5.19M | 0.1579 | 26.28 | 136.52M |
TIDMAVG
RNS Number : 0132J
Avingtrans PLC
23 June 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
This announcement does not constitute an announcement of a firm intention to make an offer under Rule 2.7 of the City Code on Takeovers and Mergers (the "Code"). There can be no certainty that an offer will be made nor as to the terms on which any offer might be made.
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
23 June 2017
Avingtrans plc
("Avingtrans" or the "Group")
Extension to deadline under Rule 2.6(c) of the Code
The Board of Avingtrans notes the announcement this morning by Hayward Tyler Group plc ("Hayward Tyler") in connection with its discussions with the company regarding a potential offer.
The Company confirms that, at Hayward Tyler's request, the Panel on Takeovers and Mergers (the "Panel") has provided its consent for the deadline under which Avingtrans must announce either a firm intention to make an offer for Hayward Tyler (pursuant to Rule 2.7 of the Code) or not (pursuant to Rule 2.8 of the Code) in accordance with Rule 2.6(a) of the Code to be extended to 5:00pm on 30 June 2017.
Further announcements will be made in due course.
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 0207 7653 9850
About Avingtrans plc:
Avingtrans is engaged in the provision of highly engineered components, systems and services to the energy, medical, industrial 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. 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. Composite Products Ltd - Buckingham, UK Centre for composite technology, parts and assemblies, serving customers in industrial markets.
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
June 23, 2017 05:35 ET (09:35 GMT)
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