REG - Avingtrans PLC - Result of AGM - Board Appointment

AvingtransAnnouncement

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RNS Number : 3310J  Avingtrans PLC  27 November 2025

27 November 2025

 

Avingtrans plc

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

Result of Annual General Meeting

Board Appointment

 

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 all resolutions proposed to
shareholders at the Company's Annual General Meeting (AGM), held earlier
today, were duly passed.

Board Appointment

Further to the statement in the Company's Preliminary Results announcement
published on 24 September 2025, and following today's AGM, the Company is
pleased to confirm the formal appointment of Austen Adams to the Board and to
the position of Group Chief Operating Officer, effective immediately.

The Company is pleased to report that its current performance aligns with
market expectations and remains strong.

Disclosure under Schedule 2 (g) of the AIM Rules for Companies:

Austen Mark Adams (aged 60), holds/has held the following
directorships/partnerships in the last five years:

 Current Directorships / Partnerships                Past directorships/partnerships

 ·    Booth Industries International Limited         ·    Scientific Magnetics Limited

 ·    Crown UK Limited                               ·    Space Cryomagnetics Limited

 ·    Henry's Group Holdings Limited

 ·    Slack & Parr Group Limited

 ·    S&P Hydraulics Inc.

 ·    S&P Inc.

 ·    Slack & Parr (International) Inc.

 ·    Slack & Parr Shanghai

 ·    S&P Special Products Corp.

 ·    Stainless Metalcraft (Chatteris) Limited

 ·    Transkem Plant Limited

 

Austen Adams currently holds, directly and indirectly, 158,301 ordinary shares
of 5 pence each in the Company ("Ordinary Shares"), representing c.0.5% of the
Company's enlarged share capital. In addition, Austen Adam's currently holds
options over 330,000 Ordinary Shares.

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

 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.

 

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