Exercise of Options, PDMR Dealings and TVR

Avingtrans Plc

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

Exercise of Options, PDMR Dealings and Total Voting Rights

Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy and medical sectors, announces certain dealings in its shares.

Exercise of Options

The Company has issued, conditional on admission to trading on AIM, a total of 50,500 new ordinary shares of 5 pence each ("New Ordinary Shares") in the Company following an exercise of certain employee share options, and options held by PDMRs (the "PDMR Options"). Application for admission of the New Ordinary Shares to trading on AIM has been made and admission is expected on 9 November 2020 ("Admission")

PDMR Dealings

Details of the exercise of PDMR Options, together with the resultant shareholdings, are set out below:

(1)   This figure includes 295,473 held by Sheena McQuillan

(2)   This figure includes 274,788 held by Helen King

Total Voting Rights

Subsequent to the issue of the New Ordinary Shares as above, the Company's total issued share capital is 31,864,594 Ordinary Shares. Avingtrans does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in Avingtrans is 31,864,594.

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:

About Avingtrans:

Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.

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