AB Dynamics PLC PDMR share dealing (5385L)
06 September 2019 - 9:40PM
UK Regulatory
TIDMABDP
RNS Number : 5385L
AB Dynamics PLC
06 September 2019
AB Dynamics plc
("AB Dynamics" "ABD" or the "Group")
PDMR share dealing
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and
supplier of advanced testing systems and measurement products to
the global automotive industry announces that on 5 September 2019,
Stephen Neads, a director of Anthony Best Dynamics Ltd, disposed of
10,000 ABD ordinary shares at a price of 2765 pence per share,
representing 0.05% of the Company's issued ordinary share
capital.
Following the sale, Mr Neads remains interested in 67,986 ABD
ordinary shares, representing 0.31% 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 Felicity Jackson, Company Secretary of the Company.
For further information please contact:
AB Dynamics plc
Tony Best, Non-Executive Chairman
Dr James Routh, CEO 01225 860 200
Cairn Financial Advisers LLP (Nomad)
Tony Rawlinson
Liam Murray
Ludovico Lazzaretti 0207 213 0880
Cantor Fitzgerald Europe (Broker)
Phil Davies, David Foreman (Corporate Finance)
Caspar Shand Kydd, Keith Dowsing, Arthur Gordon
(Equity Sales) 0207 894 7000
Tulchan Communications (PR)
James Macey White
Matt Low
Deborah Roney 0207 353 420
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, employing approximately 260 staff. 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 Stephen Neads
-------------------------- --------------------------------------
2 Reason for the notification
------------------------------------------------------------------
a) Position/status Director of Anthony Best Dynamics Ltd
-------------------------- --------------------------------------
b) Initial notification/ Initial notification
Amendment
-------------------------- --------------------------------------
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 Ordinary Shares
financial instrument,
type of instrument
Identification code ISIN: GB00B9GQVG73
-------------------------- --------------------------------------
b) Nature of the transaction Disposal of Ordinary Shares
-------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP27.65 10,000
----------
-------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
-------------------------- --------------------------------------
e) Date of the transaction 5 September 2019
-------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------- --------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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