Director/PDMR Shareholding
On July 28, 2026, Avingtrans PLC announced that its Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer exercised a total of 439,600 options and subsequently sold 397,500 ordinary shares at 710 pence per share. Following these transactions, the aggregate beneficial interest in ordinary shares held by these three individuals increased, with their resulting percentage holdings of total voting rights ranging from 0.49% to 2.28%. Application has been made for the admission to trading of the 439,600 new ordinary shares, expected to be effective on August 3, 2026, bringing the total number of ordinary shares in issue to 37,370,672.
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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 28 July 2026, the Company was notified of the exercise of 439,600 options over ordinary shares of 5p each in the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer, Stephen King, Chief Financial Officer and Austen Adams, Chief Operating Officer.
On the same date, the same three PDMRs sold, in aggregate, 397,500 Ordinary Shares at 710 pence per Ordinary Share. The following table summarises the dealings and resultant shareholdings of the three PDMRs:
| PDMR | Role | Options exercised | Options sold | Increase in shareholding | Beneficial interest in Ordinary Shares following the transactions | Resulting percentage holding of total voting rights held |
|---|---|---|---|---|---|---|
| Steve McQuillan | Chief Executive Officer | 180,000 | 157,500 | 22,500 | 851,175 | 2.28% |
| Stephen King | Chief Financial Officer | 149,600 | 140,000 | 9,600 | 698,214 | 1.87% |
| Austen Adams | Chief Operating Officer | 110,000 | 100,000 | 10,000 | 183,301 | 0.49% |
Issue of Equity
Application has been made for the admission to trading on AIM for the 439,600 new Ordinary Shares ("Admission"). It is expected that Admission will become effective on 3 August 2026.
Total Voting Rights
Following the issue of the 439,600 new Ordinary Shares, the Company will have a total of 37,370,672 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. 288.0p 180,000 2. 288.0p 149,600 3. 402.5p 110,000 |
| d) | Aggregated information | n/a |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 28 July 2026 |
| f) | Place of the transaction | Off market |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | 1. Steve McQuillan 2. Stephen King 3. Austen Adams |
| 2 | Reason for the notification | |
| Initial notification /Amendment | Initial notification | |
| 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 | Sales of Ordinary Shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1. 710.0p 157,500 2. 710.0p 140,000 3. 710.0p 100,000 |
| d) | Aggregated information | n/a |
| - Aggregated volume | ||
| - Price | ||
| e) | Date of the transaction | 28 July 2026 |
| f) | Place of the transaction | London Stock Exchange, AIM |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.