Director/PDMR Shareholding

RNS Number : 2592I
AB Dynamics PLC
22 November 2018
 

 

 

22 November 2018

 

 

AB Dynamics plc

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

 

PDMR share dealings

 

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 21 November 2018 Colin Martin, a director of Anthony Best Dynamics Ltd, sold 12,000 ABD ordinary shares at a price of 1443.00 pence per share, representing 0.06% of the Company's issued ordinary share capital. On 22 November 2018 Colin Martin sold a further 11,000 ABD ordinary shares at a price of 1440.00 pence per share, representing 0.06% of the Company's issued ordinary share capital. Following the sale, Mr Martin remains interested in 7,000 ABD ordinary shares, representing 0.04% of the Company's issued share capital.

 

On 22 November 2018, Andrew Pick, a director of Anthony Best Dynamics Ltd, sold 10,000 ABD ordinary shares at a price of 1443.00 pence per share, representing 0.05% of the Company's issued ordinary share capital. Following the sale, Mr Pick together with his wife Eleanor Pick remain interested in 7,067 ABD ordinary shares, representing 0.04% 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 Robert Hart, Chief Financial Officer of the Company.

 

For further information please contact:

 

AB Dynamics plc

Tony Best, Non-Executive Chairman

Dr. James Routh, Chief Executive Officer

Rob Hart, Chief Financial Officer

 

01225 860 200

Cairn Financial Advisers LLP (Nomad)

Tony Rawlinson

Liam Murray

 

0207 213 0880

Cantor Fitzgerald Europe (Broker)

Phil Davies - Corporate Finance

David Foreman - Corporate Finance

Caspar Shand-Kydd - Sales

 

0207 894 7000

IFC Advisory (PR)

Tim Metcalfe

Heather Armstrong

Graham Herring

0203 934 6630

 

Overview of AB Dynamics plc

ABD is a leading designer, manufacturer and provider of advanced testing and measurement products for vehicle suspension, brakes and steering to the global automotive research and development sector. The Group was founded in 1982 and listed on AIM in May 2013. The Group is headquartered in Bradford on Avon employing approximately 160 staff. ABD currently supplies twenty of the top twenty automotive manufacturers, including Honda, Toyota, Ford and Volkswagen, who routinely use the Group's products to test vehicle safety 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

Colin Martin

2

Reason for the notification

a)

Position/status

Director of Anthony Best Dynamics Ltd

b)

Initial notification/ Amendment

Initial

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

 

GB00B9GQVG73

 

 

b)

Nature of the transaction

Disposal

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

14.43

12,000

 

 

d)

Aggregated information



- Aggregated volume



- Price


e)

Date of the transaction

 

21-11-18

f)

Place of the transaction

AIM

 

 

1

Details of the relevant person / person closely associated

a)

Name

Colin Martin

2

Reason for the notification

a)

Position/status

Director of Anthony Best Dynamics Ltd

b)

Initial notification/ Amendment

Initial

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

 

GB00B9GQVG73

 

 

b)

Nature of the transaction

Disposal

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

14.40

11,000

 

 

d)

Aggregated information



- Aggregated volume



- Price


e)

Date of the transaction

 

22-11-18

f)

Place of the transaction

AIM

 

 

1

Details of the relevant person / person closely associated

a)

Name

Andrew Pick

2

Reason for the notification

a)

Position/status

Director of Anthony Best Dynamics Ltd

b)

Initial notification/ Amendment

Initial

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

 

GB00B9GQVG73

 

 

b)

Nature of the transaction

Disposal

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

14.43

10,000

 

 

d)

Aggregated information



- Aggregated volume



- Price


e)

Date of the transaction

 

22-11-18

f)

Place of the transaction

AIM

 

 

 


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