REG - AB Dynamics PLC - Correction: PDMR share dealings

Ab DynamicsAnnouncement

13/09/2019 16:25

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RNS Number : 3448M
AB Dynamics PLC
13 September 2019
 
The following amendment has been made to the 'PDMR share dealings'
announcement released on 10 September 2019 at 1:52pm under RNS No 8554L
The number of ordinary shares that Colin Martin remains interested in should
have read 17,739 ordinary shares compared to the 17,500 ordinary shares figure
previously disclosed.
All other details remain unchanged. The full amended text is shown below.
London, 10 September 2019
 
 
AB Dynamics plc
 
 ("AB Dynamics" "ABD" or the "Company")
 
PDMR share dealings
 
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 6 September 2019, Andrew Rumble, a director of
Anthony Best Dynamics Ltd, disposed of 22,557 ordinary shares at a price of
2,660 pence per share, representing 0.10% of the Company's issued ordinary
share capital.
 
Also on 9 September 2019, Colin Martin, a director of Anthony Best Dynamics
Ltd, disposed of 3,200 ordinary shares at a price of 2,640 pence per share,
representing 0.01% of the Company's issued ordinary share capital.
 
Following the sale, Andrew Rumble, together with his spouse Nicola Rumble,
remains beneficially interested in 186,343 ordinary shares, representing 0.84%
of the Company's issued share capital and Colin Martin remains interested in
17,739 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 and has been arranged for release by Dr James Routh,
CEO of the Company.
 
Enquires:
 
     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
     Ludovico Lazzaretti
     Cantor Fitzgerald Europe (Broker)                                   0207 894 7000
     Phil Davies, David Foreman (Corporate Finance)
     Caspar Shand Kydd, Keith Dowsing, Arthur Gordon (Equity Sales)
     Tulchan Communications (PR)                                         0207 353 420
     James Macey White
     Matt Low
     Deborah Roney
 
Overview of AB Dynamics plc
AB Dynamics is a leading designer, manufacturer and provider of advanced
products for testing and verification of Advanced Driver Assistance Systems
("ADAS") technology, autonomous vehicle development and vehicle dynamics to
the global automotive research and development sector.
 
AB Dynamics is an international group of companies headquartered in
Bradford-on-Avon, UK. The Group currently supplies all the top automotive
manufacturers, Tier 1 suppliers and service providers, who routinely use the
Group's products to test and verify vehicle safety systems 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                                                         a)   Andrew Rumble
                                                                  b)   Colin Martin
 2   Reason for the notification
 a)  Position/status                                              a)   Director of Anthony Best Dynamics Ltd
                                                                  b)   Director of Anthony Best Dynamics Ltd
 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                                    Disposal of Ordinary Shares
 c)  Price(s) and volume(s)
Price(s)         Volume(s)
                                                                  a)   £26.60      a)   22,557
                                                                  b)   £26.40      b)   3,200
 
 d)  Aggregated information
     - Aggregated volume                                          N/A
     - Price
 e)  Date of the transaction                                      9 September 2019
 f)  Place of the transaction                                     London Stock Exchange
 
 
d)
Aggregated information
- Aggregated volume
N/A
- Price
e)
Date of the transaction
9 September 2019
f)
Place of the transaction
London Stock Exchange
 
 
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