REG - Avingtrans PLC - Result of General Meeting <Origin Href="QuoteRef">AVG.L</Origin>

AvingtransAnnouncement

25/05/2016 12:45

RNS Number : 2916Z
Avingtrans PLC
25 May 2016
25 May 2016
Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Update on the disposal of the Aerospace Division
Result of General Meeting
Avingtrans (AIM:AVG) announces that, at the General Meeting of the Company held earlier today, the resolution to approve the disposal of Avingtrans' Aerospace Division (the "Disposal") was passed by shareholders.
As set out in the announcement on 4 May, the Disposal is also subject to regulatory approvals from the relevant competition authorities in Germany and Austria being received. Completion of the Disposal is expected by the end of May 2016.
A further announcement will be made in due course 
Enquiries:
Avingtrans plc
Steve McQuillan, Chief Executive Officer
Stephen King, Chief Financial Officer
Tel: 01159 499 020
Numis 
Richard Thomas (Corporate Finance and Nominated Adviser)
Tom Ballard (Corporate Broking)
Tel: 0207 260 1000
Newgate (Financial PR)
Adam Lloyd
Ed Treadwell
Tel: 020 7653 9850
About Avingtrans
Avingtrans plc is engaged in the provision of highly engineered components, modules and services to the Energy and Medical markets worldwide.
Energy and Medical, engaged in the design and manufacture of machined and fabricated pressure and vacuum vessels and process plant and equipment for the power, oil & gas and medical markets. Plus, design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling.



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