4th Oct 2011 08:49
4 October 2011 AVINGTRANS PLC ("Avingtrans" or "the Company") Director Shareholdings
Avingtrans plc (AIM:AVG), which designs, manufactures and supplies critical components and associated services to the medical, energy, industrial and global aerospace sectors, has been notified today that on 2 October 2011 a number of the directors have, in aggregate, acquired 135,000 ordinary shares of 1p each ("Ordinary Shares"). Details of the purchases in the Company by the Directors are as follows:
Roger McDowell, Chairman, acquired a total of 125,000 Ordinary Shares in the Company at a price of 47.0 pence per share. Following this share purchase, Roger McDowell's beneficial holding in the Company is 2,411,409 Ordinary Shares representing 9.3 per cent. of the Company's total voting rights.
Steve McQuillan, Chief Executive Officer, acquired a total of 10,000 Ordinary Shares in the Company at a price of 50.4 pence per share. Following this share purchase, Steve McQuillan's beneficial holding in the Company is 65,000 Ordinary Shares representing 0.2 per cent. of the Company's total voting rights.
www.avingtrans.plc.ukEnquiries:
Avingtrans plc 0115 949 9020
Steve McQuillan, CEO
FinnCap 020 7600 1658
Marc Young / Henrik Persson - Corporate Finance
Brian Patient / Steve Norcross - Corporate Broking
Hansard 020 7245 1100
(Financial PR)
Guy McDougall/ Nicholas Nelson
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