Issue of Share Options
Avingtrans Plc has granted options over 293,000 ordinary shares at an exercise price of 515.0 pence per share to non-PDMR employees under its Share Option Plan. These options are subject to a three-year vesting period and a performance condition requiring adjusted earnings per share growth to at least match the increase in the Retail Prices Index.
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Avingtrans plc (the "Company") announces that on 12 January 2026, RemCo, in accordance with the Company's Share Option Plan, granted options over 293,000 ordinary shares of 5 pence each in the Company (the "Ordinary Shares") with an exercise price of 515.0 pence per Ordinary Share (the "Option Awards") to non-PDMR employees.
The options may not be exercised until three years from the date of grant and are subject to a performance condition, being that the increase in the Company's adjusted earnings per share must be at least equal to the increase in the Retail Prices Index over the vesting period.
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