AB Dynamics PLC Grant of LTIP awards (4747H)
December 03 2020 - 6:00AM
UK Regulatory
TIDMABDP
RNS Number : 4747H
AB Dynamics PLC
03 December 2020
3 December 2020
AB Dynamics plc
("AB Dynamics", the "Company" or the "Group")
Grant of LTIP awards
AB Dynamics plc (AIM: ABDP), the designer, manufacturer and
supplier of advanced testing systems and measurement products to
the global automotive market, announces that on 2 December 2020, it
awarded options over a total of 39,451 ordinary shares of 1 pence
each ("Ordinary Shares") to PDMRs in accordance with the rules of
the AB Dynamics Long Term Incentive Plan ("LTIP").
The table below sets out the allocation of the LTIP awards
together with previous awards made under the LTIP:
Name New LTIP Existing Total number
award LTIP awards of LTIP awards
----------------------- --------- ------------- ----------------
James Routh 2 1,917 18,278 4 0,195
Sarah Matthews-DeMers 1 3,292 11,085 24,377
Mark Allman 4 ,242 2,774 7,016
These awards will vest on 16 December 2023, subject to
satisfying the required Total Shareholder Return and EPS
performance criteria.
In addition James Routh has 66,667 share options and Sarah
Matthews-DeMers has 60,000 share options pursuant to other Company
share option plans.
Enquiries:
AB Dynamics plc 01225 860 200
Dr James Routh, Chief Executive
Officer
Sarah Matthews-DeMers, Chief Financial
Officer
Peel Hunt LLP 0207 418 8900
Mike Bell
Ed Allsopp
Tulchan Communications 0207 353 4200
James Macey White
Matt Low
Laura Marshall
The person responsible for arranging the release of this
information is Felicity Jackson, Company Secretary.
The below notification made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail:
1 Details of the relevant person / person closely associated
a) Name 1. James Routh
2. Sarah Matthews-DeMers
3. Mark Allman
-------------------------- ---------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status 1. CEO
2. CFO
3. Managing Director, Anthony Best Dynamics
Limited
-------------------------- ---------------------------------------------
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 Grant of options
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 1. 21,917
2. 13,292
3. 4,242
--------- -----------
-------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume n/a
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 2 December 2020
-------------------------- ---------------------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------- ---------------------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFXLFBBLLEFBL
(END) Dow Jones Newswires
December 03, 2020 07:00 ET (12:00 GMT)
Ab Dynamics (LSE:ABDP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ab Dynamics (LSE:ABDP)
Historical Stock Chart
From Apr 2023 to Apr 2024