3 June 2014
Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Director Dealing
Avingtrans (AIM:AVG), a manufacturer of critical components and associated services to the global aerospace, energy and medical sectors has been informed that on 2 June, Roger McDowell, Chairman of the Company disposed of 125,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 158.0 pence per share.
Following this transaction, Mr. McDowell's has an interest in Avingtrans of 2,376,409 Ordinary Shares, representing approximately 8.6% of the Company's issued Ordinary Share capital.
For further information, please contact:
Enquiries:
Avingtrans plc 0115 949 9020
Steve McQuillan, CEO
Stephen King, CFO
Numis
David Poutney (Corporate Broking) 0207 260 1000
Richard Thomas (Corporate Finance and Nominated Adviser)
Newgate Threadneedle 020 7653 9850
(Financial PR)
Josh Royston / Heather Armstrong
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About Avingtrans
Avingtrans plc is engaged in the provision of highly engineered components, modules and services to the Aerospace, Energy and Medical markets worldwide. |
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The business is made up of 2 divisions: |
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Aerospace, engaged in the manufacture of rigid pipe assemblies, fabrications and prismatic components - both metallic and composite - for the global aerospace market and precision polishing of aircraft components and; |
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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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