Director's Dealing

RNS Number : 3320S

Avingtrans PLC

02 October 2017

 

Avingtrans plc

("Avingtrans", the "Company" or the "Group")

Director's Dealings

Avingtrans plc, which designs, manufactures and supplies critical components, modules and associated services to the energy and medical sectors, announces the following purchase of ordinary shares in the capital of the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer of the Group. On 29 September 2017, Steve purchased a total of 18,500 Ordinary Shares at a price of 212 pence (the "Share Purchase"). Of the Share Purchase, 9,250 Ordinary Shares were purchased by Steve's wife, Sheena McQuillan, and 9,250 Ordinary Shares were purchased by Steve directly.

As a result of the Share Purchase, Steve McQuillan is holding a total of 243,500 Ordinary Shares, equivalent to 0.79 per cent. of the voting share capital of the Company; of which 227,481 Ordinary Shares are held by Sheena McQuillan and 16,019 Ordinary Shares are held by Steve directly.

Enquiries:

Avingtrans plc Roger McDowell, Chairman Steve McQuillan, Chief Executive Officer Stephen King, Chief Financial Officer	01354 692391
N+1 Singer (Nominated Adviser) Shaun Dobson Lauren Kettle	020 7496 3000
Newgate (Financial PR) Adam Lloyd / Ed Treadwell	020 7653 9850

About Avingtrans plc:

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

Energy and Medical

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1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve McQuillan
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Avingtrans plc
b)	LEI	213800ZZ96CKPI423E86
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 5p each GB0009188797
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 212p 9,250
d)	Aggregated information - Aggregated volume - Price	N/A (individual transaction)
e)	Date of the transaction	29 September 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sheena McQuillan
2	Reason for the notification
a)	Position/status	PCA (Wife of Steve McQuillan, Chief Executive Officer)
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Avingtrans plc
b)	LEI	213800ZZ96CKPI423E86
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 5p each GB0009188797
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 212p 9,250
d)	Aggregated information - Aggregated volume - Price	N/A (individual transaction)
e)	Date of the transaction	29 September 2017
f)	Place of the transaction	London Stock Exchange

 

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