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IN BRIEF: Avingtrans Shareholder To Sell 3.3 Million Shares In Company

22nd Oct 2020 17:43

Avingtrans PLC - Cambridgeshire-based provider of systems and services for energy, medical and industrial sectors - Shareholder Nigel Wray intends to sell up to 3.3 million shares in the company, reflecting up to 10% of Avingtrans's issued share capital.

N+1 Singer is acting as sole bookrunner. Avingtrans will not receive any proceeds from the placing, and Wray will no longer have any interests following the sale.

Current stock price: 279.00 pence

Year-to-date change: down 0.4%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Avingtrans
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Change53.53