REG - Avingtrans PLC - Extension to deadline under Rule2.6(c) of the Code <Origin Href="QuoteRef">AVG.L</Origin>

AvingtransAnnouncement

28/04/2017 07:30

RNS Number : 6219D
Avingtrans PLC
28 April 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.
28 April 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 26 May 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 Advisor)
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. 
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