Business
Exercise of Options, PDMR Dealings and TVR
Exercise of Options, PDMR Dealings and TVR.
About this update from Avingtrans Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1651T\n Avingtrans PLC\n 22 November 2021\n \n \n \n \n 22 November 2021\n \n \n Avingtrans plc\n \n \n (\"Avingtrans\", the \"Company\", or the \"Group\")\n \n \n Exercise of Options, PDMR Dealings and Total Voting Rights\n \n \n Avingtrans plc (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, announces certain dealings in its shares by Austen Adams (an MD within the Company's Process Solutions & Rotating Equipment and a PDMR of the Company), and other staff members pursuant to the Company's Share Option Plan (\"CSOP\") and Executive Share Option Plan. \n \n \n PDMR Dealings\n \n \n Shares Awarded Under Joint Ownership EBT\n \n \n Austen has been awarded 32,281 Ordinary Shares out of the Company's Employee Benefit Trust\n \n \n Sale of Shares\n \n \n Following the PDMR award of Ordinary Shares from the Company's EBT, Austen immediately sold 32,281 Ordinary Shares at an aggregated price of 440.00 pence per Ordinary Share.\n \n \n Purchase of shares into ISA\n \n \n Austen subsequently purchased a total of 8,839 Ordinary Shares at aggregated price of 451.88 pence per Ordinary Share into his and his wife's ISA's. \n \n \n As a result of the above activity (and following the issue of new Ordinary Shares as set out below), Austen's interest in the Company's issued share capital increased to 146,171\n \n (1)\n \n Ordinary Shares, representing 0.45% of the Company's enlarged share capital. \n \n \n \n (1)\n \n \n This figure includes 141,747 Ordinary Shares held by Tracey Adams\n \n \n \n Issue of Equity\n \n \n In connection with the exercise of options by other members of staff, the Company has issued, conditional on admission to trading on AIM, a total of 104,000 new ordinary shares of 5 pence each (\"New Ordinary Shares\") in the Company. Application for admission of the New Ordinary Shares to trading on AIM has been made and admission is expected to occur on or around 26 November 2021 (\"Admission\"). \n \n \n Total Voting Rights\n \n \n Following the issue of the 104,000 New Ordinary Shares the Company will have a total of 32,126,320 Ordinary Shares in issue. The Company does not hold any shares in Treasury. The above figure may therefore be used by shareholders as...