AB Dynamics PLC Director/PDMR Shareholding (3326T)
October 11 2017 - 5:43AM
UK Regulatory
TIDMABDP
RNS Number : 3326T
AB Dynamics PLC
11 October 2017
AB Dynamics plc
("ABD" or the "Company")
Director's dealing
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and
supplier of advanced testing systems and measurement products to
the global automotive industry announces the following dealings in
the ordinary shares of the Company made by directors and persons
closely associated to them.
On 10 October 2017, Tim Rogers, CEO of the Company disposed of
42,000 ABD ordinary shares at a price of 590 pence per share,
representing 0.22% of the Company's issued ordinary share
capital.
On 10 October 2017, Jeanette Grafstrom, wife of the Company's
CEO Tim Rogers, disposed of 8,000 ABD ordinary shares at a price of
587 pence per share, representing 0.04% of the Company's issued
ordinary share capital. Following the sale, Mr Rogers together with
his wife Jeanette Grafstrom remain interested in 342,953 ABD
ordinary shares, representing 1.79% of the Company's issued share
capital.
On 10 October 2017, Wendy Hart, wife of the Company's CFO Rob
Hart, disposed of 1,975 ABD ordinary shares at a price of 587.5
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 15,372 ABD ordinary
shares, representing 0.08% of the Company's issued share
capital.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information please contact:
AB Dynamics plc
Tim Rogers, Chief Executive
Officer
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. ABD is
headquartered in Bradford-on-Avon employing approximately 115
staff. ABD currently supplies all 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 Timothy Rogers
---- ------------------------- ------------------------
2 Reason for the notification
---- ---------------------------------------------------
a) Position/status Chief Executive Officer
---- ------------------------- ------------------------
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) --------- ----------
590.00 42,000
--------- ----------
---- ------------------------- ------------------------
d) Aggregated information
- Aggregated
volume 42,000
- Price 590.00
------------------------------ ------------------------
e) Date of the 10(th) October 2017
transaction
---- ------------------------- ------------------------
f) Place of the AIM
transaction
---- ------------------------- ------------------------
1 Details of the relevant person / person closely
associated
---- ------------------------------------------------------------
a) Name Jeanette Grafstrom
---- ------------------------ ----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------
a) Position/status Spouse of Chief Executive Officer
---- ------------------------ ----------------------------------
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) --------- ----------
587.00 8,000
--------- ----------
---- ------------------------ ----------------------------------
d) Aggregated information
- Aggregated
volume 8,000
- Price 587.00
----------------------------- ----------------------------------
e) Date of the 10th October 2017
transaction
---- ------------------------ ----------------------------------
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 Chief Financial Officer
---- ------------------------ ----------------------------------
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
code GB00B9GQVG73
---- ------------------------ ----------------------------------
b) Nature of the Disposal
transaction
---- ------------------------ ----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
587.50 1,975
--------- ----------
---- ------------------------ ----------------------------------
d) Aggregated information
- Aggregated
volume 1,975
- Price 587.50
----------------------------- ----------------------------------
e) Date of the 10(th) October 2017
transaction
---- ------------------------ ----------------------------------
f) Place of the AIM
transaction
---- ------------------------ ----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHUASRRBUARAAA
(END) Dow Jones Newswires
October 11, 2017 06:43 ET (10:43 GMT)
Ab Dynamics (LSE:ABDP)
Historical Stock Chart
From Apr 2024 to May 2024
Ab Dynamics (LSE:ABDP)
Historical Stock Chart
From May 2023 to May 2024