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Last checked at 
9 Mar 2017 16:35
9 March 2017
AB Dynamics plc
("ABD" or the "Company")
Director's dealing
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry announces that on 6 March 2017 Timothy (Tim) Rogers transferred 50,000 ABD ordinary shares for nil consideration representing 0.26% of the Company's issued ordinary share capital to his wife Jeanette Grafstrom.
Following the sale, Mr Rogers together with his wife Jeanette Grafstrom remains interested in 398,953 ABD ordinary shares, representing 2.09% of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information please contact:
AB Dynamics plc Tim Rogers, Chief Executive Officer Tony Best, Non-executive Chairman
| 01225 860 200 |
Cairn Financial Advisers LLP (Nomad) Tony Rawlinson Liam Murray Richard Nash
| 0207 213 0880 |
Cantor Fitzgerald Europe (Broker) David Foreman Phil Davies
| 0207 894 7000 |
Newgate (PR) Adam Lloyd Helena Bogle | 0207 653 9850 |
Overview of AB Dynamics plc
ABD is a leading designer, manufacturer and provider of advanced testing and measurement products for vehicle suspension, brakes and steering to the global automotive research and development sector. The Group was founded in 1982 and listed on AIM in May 2013. ABD is headquartered in Bradford-on-Avon employing approximately 90 staff. ABD currently supplies all of the top twenty automotive manufacturers, including Honda, Toyota, Ford and Volkswagen, who routinely use the Group's products to test vehicle safety and dynamics.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | |||||||
Details of the person discharging managerial responsibilities/person closely associated | |||||||
Name | Timothy (Tim) Rogers | ||||||
Reason for notification |
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Position/Status | Chief Executive Officer of AB Dynamics Plc | ||||||
Initial notification/ Amendment | Initial notification | ||||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
Name | AB Dynamics Plc | ||||||
LEI | 213800OFXZP4A7I47K43 | ||||||
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 | |||||||
Description of the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 1 p each.
ISIN: GB00B9GQVG73 | ||||||
Nature of the transaction | Gift of shares to spouse at nil value | ||||||
Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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Nil | 50,000 |
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Aggregated information
- Aggregated Volume
- Price |
50,000
Nil | ||||||
Date of the transaction | 6 March 2017 | ||||||
Place of the transaction | London Stock Exchange
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