Holding(s) in Company

Avingtrans PLC
3 July 2002


AVINGTRANS PLC

3 July 2002


Avingtrans plc ('Avingtrans' or the 'Company') announces that, pursuant to the
completion of the acquisition of the Jena Group of companies (comprising Jenaer
Gewindetechnik GmbH ('JGWT'), Jena-Tec Inc., Jena Rotary Technology Ltd ('JRT')
and C&H Precision Finishers Limited ('C&H')) from Ferraris Group plc 
('Ferraris') for a cash consideration of £3.0m announced on 28 June 2002, (the 
'Acquisition'), there have been the following changes to its Board and
shareholdings.

Appointment of Director

The Company announces that Steven Lawrence (46) has been appointed to the Board
as an Executive Director.  Mr Lawrence previously worked for Ferraris Group and
was a director of JGWT, JRT and C&H.

Mr Lawrence has no other current directorships and is not a partner of any
partnerships, nor has he held any other directorships or been a partner of any
partnerships over the last five years.

Other than as described below, there are no details to be disclosed in respect
of Mr Lawrence under Schedule 2(f) of the AIM Rules.

Steven Lawrence was a director of Panther Hydraulics Limited, which was
liquidated on 25 April 1995, during his time as a director.

Other Board positions

As indicated in the AIM admission document in respect of the Acquisition, dated
31 May 2002, Ken Baker will become the Chairman of the Company.  Jeremy Hamer
will remain on the Board as a non-executive director.

Significant shareholdings

After the purchase of 250,000 ordinary 5p shares for 55p on 28 June 2002,
Intrinsic Value Partnership Limited is now interested in 250,000 ordinary shares
in Avingtrans, representing 3.5% of the issued share capital.

After the purchase of 550,000 ordinary 5p shares for 55p on 28 June 2002, Singer
& Friedlander Investment Management Limited is now interested in 710,000
ordinary shares in Avingtrans, representing 10.1% of the issued share capital.

After the purchase of 850,000 ordinary 5p shares for 55p on 28 June 2002,
Friends Ivory & Sime plc is now interested in 850,000 ordinary shares in
Avingtrans, representing 12.1% of the issued share capital.

After the sale of 453,330 ordinary 5p shares for 55p on 28 June 2002, Mr Robert
Bruh no longer has a disclosable interest in the Company.




Dealings by directors

In respect of Stephen Bruh the following announcement is made:

1)         NAME OF COMPANY

            AVINGTRANS PLC

2)         NAME OF DIRECTOR

            STEPHEN BRUH

3)         Please state whether notification indicates that it is in respect of
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non-beneficial interest

DIRECTOR NAMED IN 2 ABOVE, HIS SPOUSE (KARIN BRUH), AND CERTAIN DISCRETIONARY
TRUSTS IN WHICH HE AND HIS CHILDREN ARE INTERESTED

4)         Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

            STEPHEN BRUH - 379,794

            KARIN BRUH - 110,000

            THE TRUSTEES OF THE MAX BRUH DISCRETIONARY TRUSTS - 586,770

5)         Please state whether notification relates to a person(s) connected
with the director named in 2 above and identify the connected person(s)

            N/A

6)         Please state the nature of the transaction.  For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

            DISPOSAL

7)         Number of shares/amount of stock acquired

            N/A

8)         Percentage of issued class

            N/A

9)         Number of shares/amount of stock disposed

            1,076,564

10)        Percentage of issued class

            17.0%

11)       Class of security

            5P ORDINARY SHARES

12)       Price per share

            55P

13)       Date of transaction

            28 JUNE 2002

14)       Date Company informed

            2 JULY 2002

15)       Total holding following this notification

            105,292 HELD BY THE DISCRETIONARY TRUSTS

16)       Total percentage holding of issued class following this notification

            1.5%

17)       Any additional information

THE SHARES WHICH ARE SUBJECT TO THIS NOTIFICATION WERE DISPOSED OF PURSUANT TO A
PLACING AGREEMENT WHICH WAS ANNOUNCED ON 31 MAY 2002.

In respect of Ken Baker, the Company makes the following announcement:

1)         NAME OF COMPANY

            AVINGTRANS PLC

2)         NAME OF DIRECTOR

            KEN BAKER

3)         Please state whether notification indicates that it is in respect of
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non-beneficial interest

            DIRECTOR NAMED IN 2 ABOVE

4)         Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

            KEN BAKER

5)         Please state whether notification relates to a person(s) connected
with the director named in 2 above and identify the connected person(s)

            N/A

6)         Please state the nature of the transaction.  For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

            ACQUISITION

7)         Number of shares/amount of stock acquired

            545,455

8)         7.7%

            of issued class

9)         Number of shares/amount of stock disposed

            N/A

10)       Percentage of issued class

N/A

11)       Class of security

            5P ORDINARY SHARES

12)       Price per share

            55P

13)       Date of transaction

            28 JUNE 2002

14)       Date Company informed

            2 JULY 2002

15)       Total holding following this notification

            545,455

16)       Total percentage holding of issued class following this notification

            7.7%

IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE THE
FOLLOWING BOXES.

17)       Date of grant

            28 JUNE 2002

18)       Period during which or date on which exercisable

            31 MAY 2004 - 31 MAY 2008                   30% OF WARRANTS ISSUED

            31 MAY 2005 - 31 MAY 2008                   50% OF WARRANTS ISSUED

            31 MAY 2006 - 31 MAY 2008                   20% OF WARRANTS ISSUED



ALL SUBJECT TO CERTAIN PERFORMANCE CRITERIA AS SET OUT IN THE AIM ADMISSION
DOCUMENT DATED 31 MAY 2002.

19)       Total amount paid (if any) for grant of the option

            ISSUED IN CONJUNCTION WITH SUBSCRIPTION OF SHARES DETAILED ABOVE

20)       Description of shares or debentures involved: class, number

            WARRANTS OVER 1,040,000 ORDINARY SHARES OF 5P

21)       Exercise price (if fixed at time of grant) or indication that grant is
to be fixed at time of exercise

            50p

22)       Total number of shares or debentures over which options held following
this notification

            1,040,000

23)       Any additional information

THE SHARES WHICH ARE SUBJECT TO THIS NOTIFICATION WERE ACQUIRED PURSUANT TO A
SUBSCRIPTION AGREEMENT WHICH WAS ANNOUNCED ON 31 MAY 2002.

In respect of Steven Lawrence, the Company makes the following announcement:

1)         NAME OF COMPANY

            AVINGTRANS PLC

2)         NAME OF DIRECTOR

            STEVEN LAWRENCE

3)         Please state whether notification indicates that it is in respect of
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non-beneficial interest

            DIRECTOR NAMED IN 2 ABOVE

4)         Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

            STEVEN LAWRENCE

5)         Please state whether notification relates to a person(s) connected
with the director named in 2 above and identify the connected person(s)

            N/A

6)         Please state the nature of the transaction.  For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

            ACQUISITION

7)         Number of shares/amount of stock acquired

            181,818

8)         2.6%

            of issued class

9)         Number of shares/amount of stock disposed

            N/A

10)       Percentage of issued class

N/A

11)       Class of security

            5P ORDINARY SHARES

12)       Price per share

            55P

13)       Date of transaction

            28 JUNE 2002

14)       Date Company informed

            2 JULY 2002

15)       Total holding following this notification

            182,818

16)       Total percentage holding of issued class following this notification

            2.6%

IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE THE
FOLLOWING BOXES.

17)       Date of grant

            28 JUNE 2002

18)       Period during which or date on which exercisable

            31 MAY 2004 - 31 MAY 2008                   30% OF WARRANTS ISSUED

            31 MAY 2005 - 31 MAY 2008                   50% OF WARRANTS ISSUED

            31 MAY 2006 - 31 MAY 2008                   20% OF WARRANTS ISSUED

ALL SUBJECT TO CERTAIN PERFORMANCE CRITERIA AS SET OUT IN THE AIM ADMISSION
DOCUMENT DATED 31 MAY 2002.

19)       Total amount paid (if any) for grant of the option

            ISSUED IN CONJUNCTION WITH SUBSCRIPTION OF SHARES DETAILED ABOVE

20)       Description of shares or debentures involved: class, number

            WARRANTS OVER 560,000 ORDINARY SHARES OF 5P

21)       Exercise price (if fixed at time of grant) or indication that grant is
to be fixed at time of exercise

            50P

22)       Total number of shares or debentures over which options held following
this notification

            560,000

23)       Any additional information

THE SHARES WHICH ARE SUBJECT TO THIS NOTIFICATION WERE ACQUIRED PURSUANT TO A
SUBSCRIPTION AGREEMENT WHICH WAS ANNOUNCED ON 31 MAY 2002.



For further information contact:

Avingtrans plc

Jeremy Hamer          020 7408 9408

Bridgewell Corporate Finance Ltd

Greg Aldridge         020 7003 3102





                      This information is provided by RNS
            The company news service from the London Stock Exchange