AVINGTRANS PLC — AGM Information 2016

May 25, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2916Z

Avingtrans PLC

25 May 2016

25 May 2016

Avingtrans Plc

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

Update on the disposal of the Aerospace Division

Result of General Meeting

Avingtrans (AIM:AVG) announces that, at the General Meeting of the Company held earlier today, the resolution to approve the disposal of Avingtrans' Aerospace Division (the "Disposal") was passed by shareholders.

As set out in the announcement on 4 May, the Disposal is also subject to regulatory approvals from the relevant competition authorities in Germany and Austria being received. Completion of the Disposal is expected by the end of May 2016.

A further announcement will be made in due course

Enquiries:

Avingtrans plc Steve McQuillan, Chief Executive Officer Stephen King, Chief  Financial Officer	Tel: 01159 499 020
Numis  Richard Thomas (Corporate Finance and Nominated Adviser) Tom Ballard (Corporate Broking)	Tel: 0207 260 1000
Newgate (Financial PR) Adam Lloyd Ed Treadwell	Tel: 020 7653 9850

About Avingtrans

Avingtrans plc is engaged in the provision of highly engineered components, modules and services to the Energy and Medical markets worldwide.

Energy and Medical, engaged in the design and manufacture of machined and fabricated pressure and vacuum vessels and process plant and equipment for the power, oil & gas and medical markets. Plus, design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMEAFSSALFKEFF