AB Dynamics PLC PDMR dealing (4418T)
July 03 2018 - 5:31AM
UK Regulatory
TIDMABDP
RNS Number : 4418T
AB Dynamics PLC
03 July 2018
03 July 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 02 July 2018
Andrew Pick sold 1,200 ABD ordinary shares at a price of 1306 pence
per share, representing 0.01% of the Company's issued ordinary
share capital.
On 02 July 2018, Elanor Pick, wife of Andrew Pick, disposed of
1,200 ABD ordinary shares at a price of 1306 pence per share
representing 0.01% of the Company's issued ordinary share
capital.
Following the sale, Mr Pick together with his wife Elanor Pick
remain interested in 9,067 ABD ordinary shares, representing 0.05%
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
140 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 Pick
-------------------------- --------------------------------------
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 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)
GBP13.06 1,200
---------- ----------
-------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume As above
- Price As above
-------------------------- --------------------------------------
e) Date of the transaction
02 July 2018
-------------------------- --------------------------------------
f) Place of the transaction AIM
-------------------------- --------------------------------------
1 Details of the relevant person / person closely associated
a) Name Elanor Pick
-------------------------- ------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Wife of Andrew Pick - 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 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)
GBP13.06 1,200
---------- ----------
-------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume As above
- Price As above
-------------------------- ------------------------------------------
e) Date of the transaction
02 July 2018
-------------------------- ------------------------------------------
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
DSHUGUUWMUPRGUW
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