Significant Shareholdings
As at 24 September 2024, the following had notified the Company that they held or were beneficially interested in 3% or more of the Company’s issued ordinary share capital based on Total Voting Rights of 33,089,922 shares:
Ordinary shares of 5p each |
Number of shares (000’s) |
Percentage of issued share capital owned |
|---|---|---|
| Harwood Capital | 4,034 | 12.2% |
| Funds managed by Business Growth Fund | 2,363 | 7.1% |
| Funds managed by Unicorn Asset Management Ltd | 1,946 | 5.9% |
| Funds managed by JTC Employer Solutions Trustee Limited | 1,703 | 5.2% |
| Funds managed by Downing LLP | 1,420 | 4.3% |
| R S McDowell’s Pension Fund | 1,406 | 4.2% |
| Funds managed by Close Brothers Management | 1,308 | 3.5% |
At 24 September 2024, 24.9% of the Company’s issued share capital was not in public hands*.
There are no restrictions on the transfer of the Company’s AIM securities.
* Not in public hands includes Directors, Substantial Shareholders (>10%), shares held in treasury and shares subject to lock-in agreements.
Directors and their interests
As at 24 September 2024,the Directors interests in the share capital of the Company were as follows:
Ordinary shares of 5p each |
Number of shares |
Percentage of issued share capital owned |
|---|---|---|
| R S McDowell | 1,406,409 | 4.3% |
| S McQuillan | 468,987 | 1.4% |
| S M King | 406,938 | 1.2% |
| L Thomas | 16,000 | 0.1% |
Share options
Details of the share options of all Directors are as follows:
Executive |
At 24 September 2024 |
|---|---|
| S McQuillan | 1,329,750 |
| S M King | 1,109,750 |
The share options can be exercised from December 2017 to November 2033 if the basic earnings per share of Avingtrans plc during the period between grant and exercise, is at least equal to the increase in the Retail Price Index during the same period.