Result of General Meeting

RNS Number : 2916Z

Avingtrans PLC

25 May 2016

 

25 May 2016

Avingtrans Plc

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

Update on the disposal of the Aerospace Division

Result of General Meeting

Avingtrans (AIM:AVG) announces that, at the General Meeting of the Company held earlier today, the resolution to approve the disposal of Avingtrans' Aerospace Division (the "Disposal") was passed by shareholders.

As set out in the announcement on 4 May, the Disposal is also subject to regulatory approvals from the relevant competition authorities in Germany and Austria being received. Completion of the Disposal is expected by the end of May 2016.

A further announcement will be made in due course

Enquiries:

Avingtrans plc Steve McQuillan, Chief Executive Officer Stephen King, Chief  Financial Officer	Tel: [phone]
Numis  Richard Thomas (Corporate Finance and Nominated Adviser) Tom Ballard (Corporate Broking)	Tel: [phone]
Newgate (Financial PR) Adam Lloyd Ed Treadwell	Tel: [phone]

About Avingtrans

Avingtrans plc is engaged in the provision of highly engineered components, modules and services to the Energy and Medical markets worldwide.

Energy and Medical, engaged in the design and manufacture of machined and fabricated pressure and vacuum vessels and process plant and equipment for the power, oil & gas and medical markets. Plus, design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling.

 

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