Publication of Scheme Document

RNS Number : 4369M

Avingtrans PLC

28 July 2017

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

Avingtrans plc

("Avingtrans" or the "Group")

Publication of Scheme Document

Further to the announcement by Avingtrans and Hayward Tyler Group plc ("Hayward Tyler") on 30 June 2017 relating to the recommended acquisition of Hayward Tyler by Avingtrans (the "Acquisition"), to be effected by way of a scheme of arrangement (the "Scheme"), the Board of Avingtrans notes the announcement today by Hayward Tyler confirming that it has published a circular setting out further information about the Acquisition and the Scheme, together with notices of the court meeting and general meeting of Hayward Tyler shareholders to be held in connection with the Scheme.

As a result of its size, the Acquisition constitutes a reverse takeover for Avingtrans under the AIM Rules for Companies. The Company confirms that it expects to publish an admission document in connection with the readmission to trading on AIM of the enlarged group on or around 1 August 2017.

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 Richard Lindley 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, industrial and traffic management industries worldwide.      

Energy and Medical

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