PDMR/ PCA Shareholding

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

 

END