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On 27 November 2025, Avingtrans plc announced that all resolutions proposed at its Annual General Meeting were duly passed by shareholders. Austen Adams was formally appointed to the Board and as Group Chief Operating Officer, effective immediately. Mr. Adams holds 158,301 ordinary shares, representing c.0.5% of the Company's enlarged share capital, and options over 330,000 ordinary shares.
| Date | 27 Nov 2025 |
| Time | 13:59:36 |
| Category | AGMs and other meetings |
| ID | 3310J |
27 November 2025
Avingtrans plc
("Avingtrans", the "Company", or the "Group")
Result of Annual General Meeting
Board Appointment
Avingtrans plc (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, announces that all resolutions proposed to shareholders at the Company's Annual General Meeting (AGM), held earlier today, were duly passed.
Board Appointment
Further to the statement in the Company's Preliminary Results announcement published on 24 September 2025, and following today's AGM, the Company is pleased to confirm the formal appointment of Austen Adams to the Board and to the position of Group Chief Operating Officer, effective immediately.
The Company is pleased to report that its current performance aligns with market expectations and remains strong.
Disclosure under Schedule 2 (g) of the AIM Rules for Companies:
Austen Mark Adams (aged 60), holds/has held the following directorships/partnerships in the last five years:
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Current Directorships / Partnerships · Booth Industries International Limited · Crown UK Limited · Henry's Group Holdings Limited · Slack & Parr Group Limited · S&P Hydraulics Inc. · S&P Inc. · Slack & Parr (International) Inc. · Slack & Parr Shanghai · S&P Special Products Corp. · Stainless Metalcraft (Chatteris) Limited · Transkem Plant Limited
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Past directorships/partnerships · Scientific Magnetics Limited · Space Cryomagnetics Limited
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Austen Adams currently holds, directly and indirectly, 158,301 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), representing c.0.5% of the Company's enlarged share capital. In addition, Austen Adam's currently holds options over 330,000 Ordinary Shares.
Enquiries:
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Avingtrans plc |
01354 692 391 |
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Roger McDowell, Chairman Steve McQuillan, Chief Executive Officer Stephen King, Chief Financial Officer
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Singer Capital Markets (Nominated Adviser and Broker) |
020 7496 3000 |
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Sara Hale Alex Bond
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IFC Advisory (Financial PR) |
020 3934 6630 |
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Graham Herring Tim Metcalfe Zach Cohen |
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About Avingtrans plc:
Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.
Business units
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Hayward Tyler - Luton, East Kilbride UK, USA, China and India Specialises in the design, manufacture and servicing of performance-critical motors and pumps for challenging environments. Energy Steel, Inc - Rochester Hills, Michigan, USA Provider of custom fabrications for the nuclear industry, specialising in: OEM parts obsolescence; custom fabrications; engineering design solutions; product refurbishment; on-site technical support. Stainless Metalcraft Ltd - Chatteris, UK Provider of safety-critical equipment for the energy, medical, science and research communities, worldwide, specialising in precision pressure and vacuum vessels and associated fabrications, sub-assemblies and systems. Booth Industries - Bolton, UK Designs, manufactures, installs and services doors and walls which can be tailored to be: blast and explosion proof; fireproof; acoustically shielded; high security/safety; or combinations of the above. Ormandy Group - Bradford, UK Design, manufacturers and servicing of off-site plant, heat exchangers and other HVAC (heating, ventilation and air conditioning) products. Slack & Parr - Kegworth, UK, USA & China Design, manufacture and servicing of high-precision gear metering pumps, hydraulics flow dividers and industrial pumps. Composite Products Ltd - Buckingham, UK Centre for composite technology, parts and assemblies, serving customers in industrial markets. Adaptix Ltd - Oxford, UK Adaptix has developed novel 3D X-ray for Orthopaedic and Veterinary applications amongst others. Commercialisation of this system (and others) is on-going. Magnetica Ltd - Brisbane, Australia Magnetica Limited specialises in the development of next generation MRI technologies, including dedicated extremity MRI systems and MRI system components. Magnetica has successfully built and tested a compact, integrated 3 Tesla orthopaedic MRI system, demonstrating clinical-quality imaging. Commercialisation of this system (and others) is on-going. Magnetica's structure now includes two other business units: Scientific Magnetics - Abingdon, UK Designs and manufactures superconducting magnet systems and associated cryogenics for a variety of markets including MRI and provides services for Nuclear Magnetic Resonance instruments. Tecmag Inc - Houston, USA Designs, manufactures and installs instrumentation, including consoles, system upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) and Nuclear Magnetic Resonance (NMR) systems. |