Director/PDMR Shareholding

RNS Number : 0263K

AB Dynamics PLC

16 December 2022

 

16 December 2022

AB Dynamics plc

("AB Dynamics" or the "Company")

PDMR/PCA Shareholding

AB Dynamics plc (AIM: ABDP), the designer, manufacturer and supplier of advanced testing systems and measurement products to the global transport market, announces that it was notified that on 15 December 2022, Mr Tony Best, Special Advisor to the Board, and Mrs Naemi Best, a person closely associated with Mr Tony Best, each sold 61,750 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a weighted average price of 1625 pence per share.

Following these transactions, Mr Best and persons closely associated with Mr Best, retain an interest in 5,711,207 Ordinary Shares, representing approximately 24.96% of the current issued share capital.

Contact:
AB Dynamics plc	01225 860 200
Dr James Routh, Chief Executive Officer
Sarah Matthews-DeMers, Chief Financial Officer
Peel Hunt LLP	0207 418 8900
Mike Bell
Ed Allsopp
Tulchan Communications	0207 353 4200
James Macey White
Matt Low

The person responsible for arranging the release of this information is David Forbes, Company Secretary.

The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

1	Details of the relevant person / person closely associated
a)	Name	Mr Tony Best
2	Reason for the notification
a)	Position/status	Special Advisor to the Board (PDMR)
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	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1625p 61,750
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	15 December 2022
f)	Place of the transaction	London Stock Exchange

	Details of the relevant person / person closely associated
a)	Name	Mrs Naemi Best
2	Reason for the notification
a)	Position/status	Person closely associated (PCA) with Mr Tony Best
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	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1625p 61,750
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	15 December 2022
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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