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ABDP Ab Dynamics Plc

1,760.00
-40.00 (-2.22%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ab Dynamics Plc LSE:ABDP London Ordinary Share GB00B9GQVG73 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -40.00 -2.22% 1,760.00 1,760.00 1,800.00 1,780.00 1,770.00 1,770.00 59,956 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Engineering Services 100.77M 10.99M 0.4797 37.11 407.64M

AB Dynamics PLC Director/PDMR Shareholding (3326T)

11/10/2017 11:43am

UK Regulatory


Ab Dynamics (LSE:ABDP)
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From Apr 2019 to Apr 2024

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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)

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