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Fri, 23rd Oct 2020 15:59
Avingtrans PLC - Cambridgeshire-based provider of systems and services for energy, medical and industrial sectors - Shareholder Nigel Wray sells 3.2 million shares at a price of 250 pence each, or GBP8.1 million in total. No longer hold interest in the company. N+1 Singer acted as sole bookrunner.
Current stock price: 277.00 pence
Year-to-date change: down 1.1%
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Avingtrans took a hit on Monday after warnings profit would be hit by a number of short-term issues across its divisions in its latest trading update. As a result, the group now expects revenue and profitability for the current financial year to be similar to that reported for the 2014 financial yea
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