RNS Number : 0567M
AB Dynamics PLC
09 June 2025
9 June 2025
AB Dynamics plc
PDMR/PCA Shareholding
AB Dynamics plc ("AB Dynamics", or the "Company"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, announces that it was notified that Mr Tony Best, Special Advisor to the Board, and Mrs Naemi Best, a person closely associated with Mr Best, each sold 45,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at an average price of 1746.9 pence per share.
Following these transactions, Mr Best and persons closely associated with Mr Best, retain an interest in 5,391,207 Ordinary Shares, representing approximately 23.49% of the current issued share capital.
Enquiries:
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 710 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 David Forbes, Company Secretary.
About AB Dynamics plc
AB Dynamics is a leading designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market.
AB Dynamics is an international group of companies headquartered in Bradford on Avon. AB Dynamics currently supplies all the major 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 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)
1) 2)
1746.50p 1747.02p
10,000 35,000
d)
Aggregated information
- Aggregated volume
N/A
- Price
e)
Date of the transaction
Date
1) 2)
5 June 2025 6 June 2025
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)
Date
1) 2)
5 June 2025 6 June 2025
d)
Aggregated information
- Aggregated volume
N/A
- Price
e)
Date of the transaction
Date
1) 2)
5 June 2025 6 June 2025
f)
Place of the transaction
London Stock Exchange, AIM
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