RNS Number : 7893E
AB Dynamics PLC
19 May 2026
19 May 2026
AB Dynamics plc
Grant of SAYE Options and PDMR dealings
AB Dynamics plc (the "Company"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, announces that it has launched its 2026 Save As you Earn Scheme (the "2026 SAYE Scheme") for all eligible employees offering a savings plan over 3 years.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 1 pence each ("Ordinary Shares") which have been granted at an exercise price of £8.73 per Ordinary Share, representing approximately a 20 percent discount to the closing mid-market price of the Ordinary Shares over the five business days from 16 April 2026 to 22 April 2026, the latter being the business day prior to the opening of the 2026 SAYE Scheme to applications. The Options have a savings contract start date of 1 July 2026 and are exercisable between 1 July 2029 and 1 January 2030.
A total of 65 employees, which equates to approximately 23 percent of eligible employees, have elected to participate in the 2026 SAYE Scheme.
Pursuant to this, a grant of 63,230 options over Ordinary Shares was made on 15 May 2026, equating to 0.3 percent of the current issued share capital of 22,954,463 Ordinary Shares.
The following Persons Discharging Managerial Responsibility ("PDMRs") have chosen to participate in the 2026 SAYE Scheme:
PDMR
Title
Number of options granted
Sarah Matthews-DeMers
Chief Executive Officer
2,084
Andrew Lewis
Interim Chief Financial Officer
2,084
Miles Ingrey-Counter
General Counsel and Company Secretary
1,042
The information contained in this notification is disclosed in accordance with Article 19 of the UK Market Abuse regulation.
Notification and public disclosure of a transaction by a person discharging managerial responsibilities (PDMR):
1
Details of the relevant person / person closely associated
a)
Name
Sarah Matthews-DeMers
2
Reason for the notification
a)
Position/status
Chief Executive Officer
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 1p shares in AB Dynamics plc
Identification code
GB00B9GQVG73
b)
Nature of the transaction
Grant of options under the 2026 SAYE Scheme. 3-year savings plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£8.73
2,084
d)
Aggregated information
- Aggregated volume
N/A
- Price
e)
Date of the transaction
15 May 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the relevant person / person closely associated
a)
Name
Andrew Lewis
2
Reason for the notification
a)
Position/status
Interim Chief Financial Officer
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 1p shares in AB Dynamics plc
Identification code
GB00B9GQVG73
b)
Nature of the transaction
Grant of options under the 2026 SAYE Scheme. 3-year savings plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£8.73
2,084
d)
Aggregated information
- Aggregated volume
N/A
- Price
e)
Date of the transaction
15 May 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the relevant person / person closely associated
a)
Name
Miles Ingrey-Counter
2
Reason for the notification
a)
Position/status
General Counsel and Company Secretary
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 1p shares in AB Dynamics plc
Identification code
GB00B9GQVG73
b)
Nature of the transaction
Grant of options under the 2026 SAYE Scheme. 3-year savings plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£8.73
1,042
d)
Aggregated information
- Aggregated volume
N/A
- Price
e)
Date of the transaction
15 May 2026
f)
Place of the transaction
Outside a trading venue
For further enquiries, please contact:
AB Dynamics plc
01225 309 704
Miles Ingrey-Counter, Company Secretary
Peel Hunt LLP (Nominated Adviser and Joint Broker)
0207 894 7000
Mike Bell Ed Allsopp
Stifel Nicolaus Europe Limited (Joint Broker)
0207 710 7600
Matthew Blawat Orme Clarke
Teneo
0207 353 4200
James Macey White
Matt Low
Legal Entity Identifier: 213800OFXZP4A7I47K43
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