Change of Nominated Advisor

RNS Number : 6131P

Avingtrans PLC

21 November 2016

 

21 November 2016

Avingtrans plc

("Avingtrans" or the "Company")

Change of nominated adviser

Avingtrans, a manufacturer of critical components and associated services to the global aerospace, energy and medical sectors, confirms, further to its announcement of 27 September 2016, that it has appointed N+1 Singer Advisory LLP ("N+1 Singer") as its nominated adviser with immediate effect. N+1 Singer is now nominated adviser and sole broker to the Company.

Enquiries

Avingtrans plc Steve McQuillan, CEO Stephen King, CFO	0115 949 9020
N+1 Singer (Nominated Adviser and Broker) Shaun Dobson Lauren Kettle	020 7496 3000
Newgate (Financial PR) Adam Lloyd Ed Treadwell	020 7653 9850

About Avingtrans

Avingtrans plc is engaged in the provision of highly engineered components, systems and services to the energy, medical and traffic management industries worldwide.  

Energy and medical, engaged in the design and manufacture of safety critical equipment for the energy, medical, science and research communities, including oil and gas extraction and processing equipment, nuclear process plant, machined and fabricated pressure and vacuum vessels and components. Also, design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling.

The strategy of the group, is to "buy and build" in regulated engineering niche markets, where we can see potential consolidation opportunities, which can lead to significantly increased shareholder value over the medium to long term. 

 

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