ABDP.L

AB Dynamics Plc
AB Dynamics PLC - PDMR/ PCA Shareholding
27th September 2024, 06:00
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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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