AB Dynamics PLC Director/PDMR Shareholding (3485I)
21 März 2018 - 8:01AM
UK Regulatory
TIDMABDP
RNS Number : 3485I
AB Dynamics PLC
21 March 2018
AB Dynamics plc
("ABD" or the "Company")
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 19 March 2018
Andrew Rumble, a director of Anthony Best Dynamics Ltd, disposed of
22,553 ABD ordinary shares at a price of 932 pence per share,
representing 0.116% of the Company's issued ordinary share
capital.
On 19 March 2018, Nicola Rumble, wife of Andrew Rumble, disposed
of 1,190 ABD ordinary shares at a price of 950 pence per share
representing 0.01% of the Company's issued ordinary share
capital.
Following the sale, Mr Rumble together with his wife Nicola
Rumble remain interested in 269,565 ABD ordinary shares,
representing 1.39% 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, Chairman
Rob Hart, Chief Financial Officer 01225 860 200
Cairn Financial Advisers LLP
(Nomad)
Tony Rawlinson
Liam Murray
Richard Nash 0207 213 0880
Cantor Fitzgerald Europe (Broker)
David Foreman
Phil Davies 0207 894 7000
IFC Advisory (PR)
Tim Metcalfe
Heather Armstrong
Graham Herring 0203 053 8671
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
130 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 Andrew Rumble
--- ----------------------- ----------------------------------
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 Ordinary Shares
of the financial
instrument,
type of instrument
Identification GB00B9GQVG73
code
--- ----------------------- ----------------------------------
b) Nature of the Disposal
transaction
--- ----------------------- ----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
GBP9.32 22,553
---------- ----------
--- ----------------------- ----------------------------------
d) Aggregated information
- Aggregated As above
volume
- Price As above
--- ----------------------- ----------------------------------
e) Date of the 19 March 2018
transaction
--- ----------------------- ----------------------------------
f) Place of the AIM
transaction
--- ----------------------- ----------------------------------
1 Details of the relevant person / person closely
associated
--- ----------------------------------------------------------
a) Name Nicola Rumble
--- ----------------------- ---------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Wife of Andrew Rumble - 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 Ordinary Shares
of the financial
instrument,
type of instrument
Identification GB00B9GQVG73
code
--- ----------------------- ---------------------------------
b) Nature of the Disposal
transaction
--- ----------------------- ---------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
GBP9.50 1,190
---------- ----------
--- ----------------------- ---------------------------------
d) Aggregated information
- Aggregated As above
volume
- Price As above
--- ----------------------- ---------------------------------
e) Date of the 19 March 2018
transaction
--- ----------------------- ---------------------------------
f) Place of the AIM
transaction
--- ----------------------- ---------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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