Avingtrans PLC
10 May 2007
Avingtrans plc
Director Shareholding
Avingtrans plc ('Avingtrans' or 'the Company') announces that it was notified on
09 May 2007 of the following transaction in the ordinary shares of the Company
made by Steven Lawrence, a director of the Company.
On 09 May 2007, Mr Lawrence exercised 112,000 warrants over ordinary shares in
the Company at a price per warrant of 50 pence.
Following the above described transaction, Steven Lawrence has increased his
holding to 362,000 ordinary shares in the Company, representing 2.06 per cent.
of the enlarged issued share capital of the Company.
Pursuant to the above described exercise of warrants by Mr Lawrence, Avingtrans
announces that 112,000 ordinary shares of 5p each in the Company have been
allotted. Application has been made to the London Stock Exchange for the new
ordinary shares to be admitted to trading on AIM and it is expected that
admission will take place on 15 May 2007. The new ordinary shares will rank pari
passu with the existing shares of the Company. Following the allotment the total
issued share capital of the Company has increased to 17,575,577 ordinary shares.
This information is provided by RNS
The company news service from the London Stock Exchange
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