REG - Avingtrans PLC - Exercise of Options & TVR

AvingtransAnnouncement

30/04/2026 14:45

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RNS Number : 6477C  Avingtrans PLC  30 April 2026

30 April 2026

Avingtrans Plc

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

Exercise of Options & TVR

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 30 April 2026, the Company was
notified of the exercise of 352,750 options over ordinary shares of 5p each in
the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer,
Stephen King, Chief Financial Officer, Austen Adams, Chief Operating Officer
and certain non-PDMRs.

 PDMR             Role                     Options exercised  Beneficial interest in Ordinary Shares following the transactions  Resulting percentage holding of enlarged total voting rights held
 Steve McQuillan  Chief Executive Officer  120,000            828,675                                                            2.46%
 Stephen King     Chief Financial Officer  115,000            688,614                                                            2.05%
 Austen Adams     Chief Operating Officer  110,000            173,301                                                            0.52%

 

Issue of Equity

Application has been made for the admission to trading on AIM for the 352,750
new Ordinary Shares ("Admission"). It is expected that Admission will become
effective on 7 May 2026.

Total Voting Rights

Following the issue of the 352,750 new Ordinary Shares, the Company will have
a total of 33,622,072 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
 Sara Hale
 Alex Bond
 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.  410p      120,000
                                                                                     2.  410p      115,000

                                                                                     3.  410p      110,000

 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      30 April 2026

 f)   Place of the transaction                                     Off market

 

 

 

 

d)

 

Aggregated information

n/a

- Aggregated volume

- Price

e)

 

Date of the transaction

 

 

30 April 2026

f)

 

Place of the transaction

 

 

Off market

 

 

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