AB Dynamics PLC PDMR Dealing (4887S)
March 11 2019 - 8:57AM
UK Regulatory
TIDMABDP
RNS Number : 4887S
AB Dynamics PLC
11 March 2019
AB Dynamics plc
("ABD" or the "Group")
PDMR Dealing
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and
supplier of advanced testing systems and measurement products to
the global automotive industry, announces it was notified on 11
March 2019 that Nicola Rumble, spouse of Andrew Rumble, a PDMR of
the Company, sold 665 ordinary shares on 8 March 2019 at a price of
1760 pence per share, representing 0.003% of the Company's issued
ordinary share capital.
Following the sale, Andrew Rumble and his wife Nicola both
remain interested in 208,900 ABD ordinary shares, representing
1.06% 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 01225 860 200
Tony Best, Non-Executive Chairman
Dr James Routh, CEO
Cairn Financial Advisers LLP
(Nomad) 0207 213 0880
Tony Rawlinson
Liam Murray
Cantor Fitzgerald Europe (Broker) 0207 894 7000
Phil Davies
David Foreman
Tulchan Communications (PR) 0207 353 4200
James Macey White
Matt Low
Deborah Roney
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 180
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 Advanced Driver
Assistance Systems ("ADAS"), autonomous vehicles, vehicle safety
and dynamics.
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
-------------------------------------------------------------------------------
a. Name Nicola Rumble
--------------------------------------- --------------------------------------
2 Reason for notification
--------------------------------------- --------------------------------------
a. Position/Status Spouse of PDMR
--------------------------------------- --------------------------------------
b. Initial notification/ Initial Notification
Amendment
--------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
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 financial Ordinary shares of 1p each
instrument, type
of instrument
Identification ISIN: GB00B9GQVG73
Code
--------------------------------------- --------------------------------------
b. Nature of the Disposal of ordinary shares
transaction
--------------------------------------- --------------------------------------
c. Price(s) and volume(s) Price(s) per Volume(s)
share
--------------------------------------- -------------------
1760 pence 665
------------------------------------------------------------------ -------------
d. Aggregated information
N/a
- Aggregated Volume
- Price
--------------------------------------- --------------------------------------
e. Date of the transaction 8 March 2019
--------------------------------------- --------------------------------------
f. Place of the transaction London Stock Exchange
--------------------------------------- --------------------------------------
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
DSHGGUWAWUPBGWG
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