AB Dynamics PLC Exercise of Options (5549W)
11 Dezember 2019 - 2:39PM
UK Regulatory
TIDMABDP
RNS Number : 5549W
AB Dynamics PLC
11 December 2019
AB Dynamics plc
("AB Dynamics" "ABD" or the "Company")
Exercise of Options
London, 11 December 2019 - AB Dynamics plc (AIM: ABDP), the
designer, manufacturer and supplier of advanced testing systems and
measurement products to the global automotive market, announces the
exercise of options held by certain employees of the Company (the
"Option Exercise") in respect of a total of 31,970 new ordinary
shares of 1 pence each in the Company (the "New Ordinary
Shares").
The Company has previously applied to list these shares as part
of the block listing of 376,746 ordinary shares of GBP0.01 each in
the Company ("Ordinary Shares"), to be admitted to trading on AIM
("Admission") and Admission occurred on 13 September 2019.
The New Ordinary Shares will rank pari passu with the existing
ordinary shares in the Company. Total voting rights following
Admission, the Company's enlarged issued share capital will
comprise 22,451,478 ordinary shares. The Company does not hold any
shares in treasury. This figure may be used by shareholders in the
Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change of interest in, the share capital of the Company under the
FCA's Disclosure and Transparency Rules.
Enquires:
AB Dynamics plc 01225 860 200
Tony Best, Non-Executive Chairman
Dr James Routh, Chief Executive Officer
Sarah Matthews-DeMers, Chief Financial Officer
Mat Hubbard, Chief Technology Officer
Cantor Fitzgerald Europe (Broker) 0207 894 7000
Phil Davies, David Foreman (Corporate Finance)
Caspar Shand Kydd, Keith Dowsing, Arthur
Gordon (Equity Sales)
Cairn Financial Advisers (Nomad) 0207 213 0880
Tony Rawlinson
Liam Murray
Ludovico Lazzaretti
Tulchan Communications 0207 353 4200
James Macey White
Matt Low
Deborah Roney
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014, The person responsible for
arranging the release of this information is Felicity Jackson,
Company Secretary.
Overview of AB Dynamics plc
AB Dynamics is a leading designer, manufacturer and provider of
advanced products for testing and verification of Advanced Driver
Assistance Systems ("ADAS") technology, autonomous vehicle
development and vehicle dynamics to the global automotive research
and development sector.
AB Dynamics is an international group of companies headquartered
in Bradford-on-Avon, UK (the Group). The Group currently supplies
all the top automotive manufacturers, Tier 1 suppliers and service
providers, who routinely use the Group's products to test and
verify vehicle safety systems and dynamics.
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulation.
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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