AB Dynamics PLC Directors' share dealing (7842H)
19 November 2018 - 1:06PM
UK Regulatory
TIDMABDP
RNS Number : 7842H
AB Dynamics PLC
19 November 2018
19 November 2018
AB Dynamics plc
("AB Dynamics" or "ABD" or the "Group")
Directors' 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 16 November 2018
Rob Hart sold 6,501 ABD ordinary shares at a price of 1537.50 pence
per share, representing 0.03% of the Company's issued ordinary
share capital.
On 16 November 2018, Wendy Hart, wife of Rob Hart, disposed of
6,511 ABD ordinary shares at a price of 1537.50 pence per share
representing 0.03% of the Company's issued ordinary share
capital.
Following the sale, Mr Hart together with his wife Wendy Hart
have no interest in ABD ordinary shares.
On 16 November 2018, Mat Hubbard, a director of the Company,
sold 1,000 ABD ordinary shares at a price of 1570.00 pence per
share, representing 0.01% of the Company's issued ordinary share
capital.
On 16 November 2018, Lynn Fenner, wife of Mat Hubbard, disposed
of 1,000 ABD ordinary shares at a price of 1570.00 pence per share
representing 0.01% of the Company's issued ordinary share capital.
Following the sale, Mr Hubbard together with his wife Lynn Fenner
remain interested in 107,649 ABD ordinary shares, representing
0.55% 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 Rob Hart
--------------------------------- -----------------------------
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 of the Ordinary Shares
financial instrument,
type of instrument
Identification code
GB00B9GQVG73
--------------------------------- -----------------------------
b) Nature of the transaction Disposal
--------------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
15.375 6,501
----------
--------------------------------- -----------------------------
d) Aggregated information
- Aggregated volume
- Price
--------------------------------- -----------------------------
e) Date of the transaction 16-11-18
--------------------------------- -----------------------------
f) Place of the transaction AIM
--------------------------------- -----------------------------
1 Details of the relevant person / person closely associated
a) Name Wendy Hart
--------------------------------- -----------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Spouse of 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 of the Ordinary Shares
financial instrument,
type of instrument
Identification code
GB00B9GQVG73
--------------------------------- -----------------------------
b) Nature of the transaction Disposal
--------------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
15.375 6,511
----------
--------------------------------- -----------------------------
d) Aggregated information
- Aggregated volume
- Price
--------------------------------- -----------------------------
e) Date of the transaction 16-11-18
--------------------------------- -----------------------------
f) Place of the transaction AIM
--------------------------------- -----------------------------
1 Details of the relevant person / person closely associated
a) Name Matthew Hubbard
--------------------------------- -----------------------------
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 of the Ordinary Shares
financial instrument,
type of instrument
Identification code
GB00B9GQVG73
--------------------------------- -----------------------------
b) Nature of the transaction Disposal
--------------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
15.70 1,000
----------
--------------------------------- -----------------------------
d) Aggregated information
- Aggregated volume
- Price
--------------------------------- -----------------------------
e) Date of the transaction 16-11-18
--------------------------------- -----------------------------
f) Place of the transaction AIM
--------------------------------- -----------------------------
1 Details of the relevant person / person closely associated
a) Name Lynn Fenner
--------------------------------- -----------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Spouse of 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 of the Ordinary Shares
financial instrument,
type of instrument
Identification code
GB00B9GQVG73
--------------------------------- -----------------------------
b) Nature of the transaction Disposal
--------------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
15.70 1,000
----------
--------------------------------- -----------------------------
d) Aggregated information
- Aggregated volume
- Price
--------------------------------- -----------------------------
e) Date of the transaction 16-11-18
--------------------------------- -----------------------------
f) Place of the transaction AIM
--------------------------------- -----------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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