London, 10 September 2019
AB Dynamics plc
("AB Dynamics" "ABD" or the "Company")
PDMR share dealings
AB Dynamics plc (AIM: ABDP), the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive market, announces that on 6 September 2019, Andrew Rumble, a director of Anthony Best Dynamics Ltd, disposed of 22,557 ordinary shares at a price of 2,660 pence per share, representing 0.10% of the Company's issued ordinary share capital.
Also on 9 September 2019, Colin Martin, a director of Anthony Best Dynamics Ltd, disposed of 3,200 ordinary shares at a price of 2,640 pence per share, representing 0.01% of the Company's issued ordinary share capital.
Following the sale, Andrew Rumble, together with his spouse Nicola Rumble, remains beneficially interested in 186,343 ordinary shares, representing 0.84% of the Company's issued share capital and Colin Martin remains interested in 17,500 ordinary shares, representing 0.08% of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 and has been arranged for release by Dr James Routh, CEO of the Company.
Enquires:
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AB Dynamics plc Tony Best, Non-Executive Chairman Dr James Routh, CEO |
01225 860 200 |
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Cairn Financial Advisers LLP (Nomad) Tony Rawlinson Liam Murray Ludovico Lazzaretti |
0207 213 0880 |
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Cantor Fitzgerald Europe (Broker) Phil Davies, David Foreman (Corporate Finance) Caspar Shand Kydd, Keith Dowsing, Arthur Gordon (Equity Sales) |
0207 894 7000 |
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Tulchan Communications (PR) James Macey White Matt Low Deborah Roney |
0207 353 420 |
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Overview of AB Dynamics plc
AB Dynamics is a leading designer, manufacturer and provider of advanced products for testing and verification of Advanced Driver Assistance Systems ("ADAS") technology, autonomous vehicle development and vehicle dynamics to the global automotive research and development sector.
AB Dynamics is an international group of companies headquartered in Bradford-on-Avon, UK. The Group currently supplies all the top automotive manufacturers, Tier 1 suppliers and service providers, who routinely use the Group's products to test and verify vehicle safety systems and dynamics.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1 |
Details of the relevant person / person closely associated |
a) |
Name |
a) Andrew Rumble b) Colin Martin |
2 |
Reason for the notification |
a) |
Position/status |
a) Director of Anthony Best Dynamics Ltd b) Director of Anthony Best Dynamics Ltd |
b) |
Initial notification/ Amendment |
Initial notification |
3 |
Details of the issuer |
a) |
Name |
AB Dynamics plc |
b) |
LEI |
213800OFXZP4A7I47K43 |
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii each type of transaction; (iii each date; and (iv) each place where transactions have been conducted |
a) |
Description of the financial instrument, type of instrument |
Ordinary Shares |
|
Identification code |
ISIN: GB00B9GQVG73 |
b) |
Nature of the transaction |
Disposal of Ordinary Shares |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
a) £26.60 b) £26.40 |
a) 22,557 b) 3,200 |
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d) |
Aggregated information |
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- Aggregated volume |
N/A |
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- Price |
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e) |
Date of the transaction |
9 September 2019 |
f) |
Place of the transaction |
London Stock Exchange |
