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On 30 April 2026, Avingtrans Plc announced that CEO Steve McQuillan, CFO Stephen King, COO Austen Adams, and certain non-PDMRs exercised a total of 352,750 options over ordinary shares at 410p each. An application has been made for these new ordinary shares to be admitted to trading on AIM, expected to be effective on 7 May 2026. Following this admission, Avingtrans will have a total of 33,622,072 ordinary shares in issue.
| Date | 30 Apr 2026 |
| Time | 14:41:36 |
| Category | Miscellaneous |
| ID | 6477C |
30 April 2026
Avingtrans Plc
("Avingtrans", the "Company", or the "Group")
Exercise of Options & TVR
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 on 30 April 2026, the Company was notified of the exercise of 352,750 options over ordinary shares of 5p each in the Company ("Ordinary Shares") by Steve McQuillan, Chief Executive Officer, Stephen King, Chief Financial Officer, Austen Adams, Chief Operating Officer and certain non-PDMRs.
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PDMR |
Role |
Options exercised |
Beneficial interest in Ordinary Shares following the transactions |
Resulting percentage holding of enlarged total voting rights held |
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Steve McQuillan |
Chief Executive Officer |
120,000 |
828,675 |
2.46% |
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Stephen King |
Chief Financial Officer |
115,000 |
688,614 |
2.05% |
|
Austen Adams |
Chief Operating Officer |
110,000 |
173,301 |
0.52% |
Issue of Equity
Application has been made for the admission to trading on AIM for the 352,750 new Ordinary Shares ("Admission"). It is expected that Admission will become effective on 7 May 2026.
Total Voting Rights
Following the issue of the 352,750 new Ordinary Shares, the Company will have a total of 33,622,072 Ordinary Shares in issue. The Company does not hold any shares in Treasury.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure Guidance and Transparency Rules
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 |
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Alex Bond |
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Carl Diebitsch |
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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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1 |
Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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1. Steve McQuillan 2. Stephen King 3. Austen Adams |
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2
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Reason for the notification
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a)
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Position/status
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1. Chief Executive Officer 2. Chief Financial Officer 3. Chief Operating Officer |
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Avingtrans PLC |
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b)
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LEI
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213800ZZ96CKPI423E86
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares of 5p each |
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Identification code |
ISIN: GB0009188797
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b)
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Nature of the transaction
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Exercise of options pursuant to the CSOP
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c)
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Price(s) and volume(s) |
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d)
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Aggregated information |
n/a |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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30 April 2026 |
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f)
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Place of the transaction
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Off market |
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