Exercise of Options & TVR
Avingtrans plc announced that its Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, and certain non-PDMRs exercised options to acquire a total of 352,750 ordinary shares at 410p per share. Following this transaction, the Chief Executive Officer now holds 828,675 shares representing 2.46% of the enlarged total voting rights, the Chief Financial Officer holds 688,614 shares representing 2.05%, and the Chief Operating Officer holds 173,301 shares representing 0.52%. The company has applied for the admission of these 352,750 new ordinary shares to trading on AIM, expected on 7 May 2026, bringing the total issued ordinary shares to 33,622,072.
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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 on 30 April 2026, the Company was notified of the exercise of 352,750 options over ordinary shares of 5p each in the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer, Stephen King, Chief Financial Officer, Austen Adams, Chief Operating Officer and certain non-PDMRs.
| PDMR | Role | Options exercised | Beneficial interest in Ordinary Shares following the transactions | Resulting percentage holding of enlarged total voting rights held |
|---|---|---|---|---|
| Steve McQuillan | Chief Executive Officer | 120,000 | 828,675 | 2.46% |
| Stephen King | Chief Financial Officer | 115,000 | 688,614 | 2.05% |
| Austen Adams | Chief Operating Officer | 110,000 | 173,301 | 0.52% |
Issue of Equity
Application has been made for the admission to trading on AIM for the 352,750 new Ordinary Shares ("Admission"). It is expected that Admission will become effective on 7 May 2026.
Total Voting Rights
Following the issue of the 352,750 new Ordinary Shares, the Company will have a total of 33,622,072 Ordinary Shares in issue. The Company does not hold any shares in Treasury.
The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure Guidance and Transparency Rules
| a) | Name | Avingtrans PLC |
| b) | LEI | 213800ZZ96CKPI423E86 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification code | ISIN: GB0009188797 | |
| b) | Nature of the transaction | Exercise of options pursuant to the CSOP |
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1. 410p 120,000 2. 410p 115,000 3. 410p 110,000 |
| d) | Aggregated information | n/a |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 30 April 2026 |
| f) | Place of the transaction | Off market |
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