PDMR Dealings
RNS Number : 2534OAvingtrans PLC28 July 202628 July 2026
Avingtrans Plc
("Avingtrans", the "Company", or the "Group")
PDMR Dealings
Avingtrans plc (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, announces that on 28 July 2026, the Company was notified of the exercise of 439,600 options over ordinary shares of 5p each in the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer, Stephen King, Chief Financial Officer and Austen Adams, Chief Operating Officer.
On the same date, the same three PDMRs sold, in aggregate, 397,500 Ordinary Shares at 710 pence per Ordinary Share. The following table summarises the dealings and resultant shareholdings of the three PDMRs:
PDMR
Role
Options exercised
Options sold
Increase in shareholding
Beneficial interest in Ordinary Shares following the transactions
Resulting percentage holding of total voting rights held
Steve McQuillan
Chief Executive Officer
180,000
157,500
22,500
851,175
2.28%
Stephen King
Chief Financial Officer
149,600
140,000
9,600
698,214
1.87%
Austen Adams
Chief Operating Officer
110,000
100,000
10,000
183,301
0.49%
Issue of Equity
Application has been made for the admission to trading on AIM for the 439,600 new Ordinary Shares ("Admission"). It is expected that Admission will become effective on 3 August 2026.
Total Voting Rights
Following the issue of the 439,600 new Ordinary Shares, the Company will have a total of 37,370,672 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 692 391
Roger McDowell, Chairman
Steve McQuillan, Chief Executive Officer
Stephen King, Chief Financial Officer
Singer Capital Markets (Nominated Adviser and Broker)
020 7496 3000
Shaun Dobson
Alex Bond
Daniel Ingram
Carl Diebitsch
IFC Advisory (Financial PR)
020 3934 6630
Graham Herring
Tim Metcalfe
Zach Cohen
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Steve McQuillan
2. Stephen King
3. Austen Adams
2
Reason for the notification
a)
Position/status
1. Chief Executive Officer
2. Chief Financial Officer
3. Chief Operating Officer
Initial notification /Amendment
Initial notification
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 instrument, type of instrument
Ordinary Shares of 5p each
Identification code
ISIN: GB0009188797
b)
Nature of the transaction
Exercise of options pursuant to the CSOP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
288.0p
180,000
2.
288.0p
149,600
3.
402.5p
110,000
d)
Aggregated information
n/a
- Aggregated volume
- Price
e)
Date of the transaction
28 July 2026
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Steve McQuillan
2. Stephen King
3. Austen Adams
2
Reason for the notification
a)
Position/status
1. Chief Executive Officer
2. Chief Financial Officer
3. Chief Operating Officer
Initial notification /Amendment
Initial notification
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 instrument, type of instrument
Ordinary Shares of 5p each
Identification code
ISIN: GB0009188797
b)
Nature of the transaction
Sales of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.
710.0p
157,500
2.
710.0p
140,000
3.
710.0p
100,000
d)
Aggregated information
n/a
- Aggregated volume
- Price
e)
Date of the transaction
28 July 2026
f)
Place of the transaction
London Stock Exchange, AIM
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