Block Listing Application

RNS Number : 5150V

AB Dynamics PLC

03 December 2019

 

AB Dynamics plc

 ("AB Dynamics" "ABD" or the "Company")

Block Listing Application

London, 3 December 2019 - AB Dynamics plc (AIM: ABDP), the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive market, announces that an application has been made to the London Stock Exchange for a block listing of 33,333 ordinary shares of £0.01 each in the Company ("Ordinary Shares").

These Ordinary Shares will be issued in order to satisfy the requirement to allot shares under the AB Dynamics plc Unapproved Company Share Option Plan.

It is expected that admission will become effective on 6 December 2019. The Ordinary Shares under the block listing will rank pari passu with the Company's existing Ordinary Shares.

Enquires:

AB Dynamics plc	01225 860 200
Tony Best, Non-Executive Chairman
Dr James Routh, Chief Executive Officer
Mat Hubbard, Chief Technology Officer
Cantor Fitzgerald Europe (Broker)	0207 894 7000
Phil Davies, David Foreman (Corporate Finance) Caspar Shand Kydd, Keith Dowsing, Arthur Gordon (Equity Sales)
Cairn Financial Advisers (Nomad)	0207 213 0880
Tony Rawlinson Liam Murray Ludovico Lazzaretti
Tulchan Communications	0207 353 4200
James Macey White Matt Low Deborah Roney

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, The person responsible for arranging the release of this information is Dr James Routh, CEO of the Company.

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).  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.

 

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