AB Dynamics PLC PDMR/ PCA Shareholding
September 27 2024 - 1:00AM
RNS Regulatory News
RNS Number : 8998F
AB Dynamics PLC
27 September 2024
27 September 2024
AB Dynamics
plc
("AB
Dynamics" or the "Company")
PDMR/PCA
Shareholding
AB Dynamics plc (AIM: ABDP), the
designer, manufacturer and supplier of advanced testing, simulation
and measurement products to the global transport market, announces
that it was notified that on 26 September 2024, Mr Tony Best,
Special Advisor to the Board, and Mrs Naemi Best, a person closely
associated with Mr Tony Best, each sold 115,000 ordinary shares of
1 penny each in the Company ("Ordinary Shares") each at a price of
1950 pence per share.
Following these transactions, Mr
Best and persons closely associated with Mr Best, retain an
interest in 5,481,207 Ordinary Shares, representing approximately
23.88% of the current issued share capital.
Contact:
|
|
|
|
AB
Dynamics plc
|
01225 860 200
|
Dr James Routh, Chief Executive
Officer
|
|
Sarah Matthews-DeMers, Chief
Financial Officer
|
|
|
|
Peel
Hunt LLP (Nominated Adviser and Joint Broker)
|
0207 418 8900
|
Mike Bell
|
|
Ed Allsopp
|
|
|
|
Stifel Nicolaus Europe Limited (Joint
Broker)
|
0207 170 7600
|
Matthew Blawat
|
|
Harry Billen
|
|
|
|
Teneo
|
0207 353 4200
|
James Macey White
|
|
Matt Low
|
|
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
|
Mr Tony Best
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Special Advisor to the Board
(PDMR)
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
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 financial
instrument, type of instrument
|
Ordinary Shares
|
|
Identification code
|
ISIN: GB00B9GQVG73
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
1950p
|
115,000
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
N/A
|
|
- Price
|
|
e)
|
Date of the transaction
|
26 September 2024
|
f)
|
Place of the transaction
|
London Stock Exchange,
AIM
|
|
Details of the relevant person / person closely
associated
|
a)
|
Name
|
Mrs Naemi Best
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Person closely associated (PCA) with
Mr Tony Best
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
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 financial
instrument, type of instrument
|
Ordinary Shares
|
|
Identification code
|
ISIN: GB00B9GQVG73
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
1950p
|
115,000
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
N/A
|
|
- Price
|
|
e)
|
Date of the transaction
|
26 September 2024
|
f)
|
Place of the transaction
|
London Stock Exchange,
AIM
|
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