AB Dynamics PLC Director/PDMR Shareholding (5578M)
30 April 2018 - 11:33AM
UK Regulatory
TIDMABDP
RNS Number : 5578M
AB Dynamics PLC
30 April 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 27 April 2018 Rob
Hart sold 1,180 ABD ordinary shares at a price of 1,001.40 pence
per share, representing 0.01% of the Company's issued ordinary
share capital.
On 27 April 2018, Wendy Hart, wife of Rob Hart, disposed of
1,180 ABD ordinary shares at a price of 1001.40 pence per share
representing 0.01% of the Company's issued ordinary share
capital.
Following the sale, Mr Hart together with his wife Wendy Hart
remain interested in 13,012 ABD ordinary shares, representing 0.07%
of the Company's issued share capital.
On 27 April 2018, Mat Hubbard sold 5,000 ABD ordinary shares at
a price of 1,000.00 pence per share, representing 0.03% of the
Company's issued ordinary share capital. Following the sale, Mr
Hubbard together with his wife Lynn Fener remain interested in
109,649 ABD ordinary shares, representing 0.57% of the Company's
issued share capital.
On 26 April 2018, Steve Neads sold 30,000 ABD ordinary shares at
a price of 998.50 pence per share, representing 0.15% of the
Company's issued ordinary share capital. Following the sale Mr
Neads remains interested in 107,986 ABD ordinary shares,
representing 0.56% 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 Rob Hart
---- ------------------------- ------------------------
2 Reason for the notification
---- ---------------------------------------------------
a) Position/status CFO
---- ------------------------- ------------------------
b) Initial notification/ Initial
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
code GB00B9GQVG73
---- ------------------------- ------------------------
b) Nature of the
transaction
---- ------------------------- ------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
10.014 1,180
--------- ----------
---- ------------------------- ------------------------
d) Aggregated information
- Aggregated
volume
- Price
---- ------------------------- ------------------------
Date of the
e) transaction 27-4-18
---- ------------------------- ------------------------
f) Place of the AIM
transaction
---- ------------------------- ------------------------
1 Details of the relevant person / person closely
associated
---- ---------------------------------------------------
a) Name Wendy Hart
---- ------------------------- ------------------------
2 Reason for the notification
---- ---------------------------------------------------
a) Position/status Spouse of CFO
---- ------------------------- ------------------------
b) Initial notification/ Initial
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
code GB00B9GQVG73
---- ------------------------- ------------------------
b) Nature of the
transaction
---- ------------------------- ------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
10.014 1,180
--------- ----------
---- ------------------------- ------------------------
d) Aggregated information
- Aggregated
volume
- Price
---- ------------------------- ------------------------
Date of the
e) transaction 27-4-18
---- ------------------------- ------------------------
f) Place of the AIM
transaction
---- ------------------------- ------------------------
1 Details of the relevant person / person closely
associated
---- ---------------------------------------------------
a) Name Mat Hubbard
---- ------------------------- ------------------------
2 Reason for the notification
---- ---------------------------------------------------
a) Position/status COO
---- ------------------------- ------------------------
b) Initial notification/ Initial
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
code GB00B9GQVG73
---- ------------------------- ------------------------
b) Nature of the
transaction
---- ------------------------- ------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
10.00 5,000
--------- ----------
---- ------------------------- ------------------------
d) Aggregated information
- Aggregated
volume
- Price
---- ------------------------- ------------------------
Date of the
e) transaction 27-4-18
---- ------------------------- ------------------------
f) Place of the AIM
transaction
---- ------------------------- ------------------------
1 Details of the relevant person / person closely
associated
---- ---------------------------------------------------
a) Name Steve Neads
---- ------------------------- ------------------------
2 Reason for the notification
---- ---------------------------------------------------
a) Position/status Director
---- ------------------------- ------------------------
b) Initial notification/ Initial
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
code GB00B9GQVG73
---- ------------------------- ------------------------
b) Nature of the
transaction
---- ------------------------- ------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
9.985 30,000
--------- ----------
---- ------------------------- ------------------------
d) Aggregated information
- Aggregated
volume
- Price
---- ------------------------- ------------------------
Date of the
e) transaction 26-4-18
---- ------------------------- ------------------------
f) Place of the AIM
transaction
---- ------------------------- ------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHUROKRWAASORR
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