REG - Avingtrans PLC - Exercise of Options & PDMR Dealings

AvingtransAnnouncement

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RNS Number : 5931H  Avingtrans PLC  14 November 2025

14 November 2025

 

Avingtrans Plc

 

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

 

Exercise of Options & 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 13 November 2025, the Company was
notified of the exercise of 591,614 options over ordinary shares of 5p each in
the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer,
and Stephen King, Chief Financial Officer, pursuant to the Company's Executive
Shared Ownership Plans (the "ExSOP Options").

 

Details of the exercise of ExSOP Options by Steve McQuillan and Stephen King,
together with subsequent beneficial holdings of each individual following the
transactions, are set out below.

 

 PDMR             Role                     FY 2019 ExSOP options exercised  FY 2016 ExSOP options exercised  Beneficial interest in Ordinary Shares following the transactions  Resulting percentage holding of enlarged total voting rights held
 Steve McQuillan  Chief Executive Officer  77,061                           258,877                          806,925                                                            2.44%
 Stephen King     Chief Financial Officer  68,254                           187,422                          667,614                                                            2.02%

 

The 591,614 Ordinary Shares are currently held by the Company's Employee
Benefit Trust and will be transferred to Steve McQuillan and Stephen King and,
as such, no new Ordinary Shares have been issued in connection with the
transactions.

 

Therefore, the total number of Ordinary Shares with voting rights in the
Company remains at 33,130,422. This 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
Group under the Financial Conduct Authority'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
 Sara Hale

 Alex Bond

 Oliver Platts

 IFC Advisory (Financial PR)                             020 3934 6630
 Graham Herring

 Tim Metcalfe

 Zach Cohen

 

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

 Hayward Tyler - Luton, East Kilbride UK, USA, China and India

 Specialises in the design, manufacture and servicing of performance-critical
 motors and pumps for challenging environments.

 Energy Steel, Inc - Rochester Hills, Michigan, USA

 Provider of custom fabrications for the nuclear industry, specialising in: OEM
 parts obsolescence; custom fabrications; engineering design solutions; product
 refurbishment; on-site technical support.

 Stainless Metalcraft Ltd - Chatteris, UK

 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.

 Booth Industries - Bolton, UK

 Designs, manufactures, installs and services doors and walls which can be
 tailored to be: blast and explosion proof; fireproof; acoustically shielded;
 high security/safety; or combinations of the above.

 Ormandy Group - Bradford, UK

 Design, manufacturers and servicing of off-site plant, heat exchangers and
 other HVAC (heating, ventilation and air conditioning) products.

 Slack & Parr - Kegworth, UK, USA & China

 Design, manufacture and servicing of high-precision gear metering pumps,
 hydraulics flow dividers and industrial pumps.

 Composite Products Ltd - Buckingham, UK

 Centre for composite technology, parts and assemblies, serving customers in
 industrial markets.

 Adaptix Ltd - Oxford, UK

 Adaptix has developed novel 3D X-ray for Orthopaedic and Veterinary
 applications amongst others. Commercialisation of this system (and others) is
 on-going.

 Magnetica Ltd - Brisbane, Australia

 Magnetica Limited specialises in the development of next generation MRI
 technologies, including dedicated extremity MRI systems and MRI system
 components. Magnetica has successfully built and tested a compact, integrated
 3 Tesla orthopaedic MRI system, demonstrating clinical-quality imaging.
 Commercialisation of this system (and others) is on-going. Magnetica's
 structure now includes two other business units:

 Scientific Magnetics - Abingdon, UK

 Designs and manufactures superconducting magnet systems and associated
 cryogenics for a variety of markets including MRI and provides services for
 Nuclear Magnetic Resonance instruments.

 Tecmag Inc - Houston, USA

 Designs, manufactures and installs instrumentation, including consoles, system
 upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) and Nuclear
 Magnetic Resonance (NMR) systems.
 1                                  Details of the person discharging managerial responsibilities / person closely
                                    associated

 a)                                 Name                                                         1.   Steve McQuillan

                                                                                                 2.   Stephen King

 2                                  Reason for the notification

 a)                                 Position/status                                              1.   Chief Executive Officer

                                                                                                 2.   Chief Financial 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 FY 2019 ExSOP

 c)                                 Price(s) and volume(s)

  Price(s)  Volume(s)

                                                                                                                   1.  520.0p    77,061
                                                                                                                   2.  520.0p    68,254

 d)                                 Aggregated information                                       n/a

               - Aggregated volume

               - Price

 e)                                 Date of the transaction                                      13 November 2025

 f)                                 Place of the transaction                                     Off market

 

 

 

 

 

d)

 

Aggregated information

n/a

 

 

- Aggregated volume

 

 

- Price

 

 

e)

 

Date of the transaction

 

 

13 November 2025

 

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

 2    Reason for the notification

 a)   Position/status                                              1.   Chief Executive Officer

                                                                   2.   Chief Financial 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 FY 2016 ExSOP

 c)   Price(s) and volume(s)

  Price(s)  Volume(s)

                                                                                     1.  520.0p    258,877
                                                                                     2.  520.0p    187,422

 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 November 2025

 f)   Place of the transaction                                     Off market

 

 

 

 

d)

 

Aggregated information

n/a

- Aggregated volume

- Price

e)

 

Date of the transaction

 

 

13 November 2025

f)

 

Place of the transaction

 

 

Off market

 

 

 

 

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