ABDP Ab Dynamics Plc

TIDMABDP

RNS Number : 5150V

AB Dynamics PLC

03 December 2019

AB Dynamics plc

("AB Dynamics" "ABD" or the "Company")

Block Listing Application

London, 3 December 2019 - AB Dynamics plc (AIM: ABDP), the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive market, announces that an application has been made to the London Stock Exchange for a block listing of 33,333 ordinary shares of GBP0.01 each in the Company ("Ordinary Shares").

These Ordinary Shares will be issued in order to satisfy the requirement to allot shares under the AB Dynamics plc Unapproved Company Share Option Plan.

It is expected that admission will become effective on 6 December 2019. The Ordinary Shares under the block listing will rank pari passu with the Company's existing Ordinary Shares.

Enquires:

 
 AB Dynamics plc                                   01225 860 200 
 Tony Best, Non-Executive Chairman 
 Dr James Routh, Chief Executive Officer 
 Mat Hubbard, Chief Technology Officer 
 
 Cantor Fitzgerald Europe (Broker)                 0207 894 7000 
 Phil Davies, David Foreman (Corporate Finance) 
  Caspar Shand Kydd, Keith Dowsing, Arthur 
  Gordon (Equity Sales) 
 
 Cairn Financial Advisers (Nomad)                  0207 213 0880 
 Tony Rawlinson 
  Liam Murray 
  Ludovico Lazzaretti 
 
 
 Tulchan Communications                            0207 353 4200 
 James Macey White 
  Matt Low 
  Deborah Roney 
 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, The person responsible for arranging the release of this information is Dr James Routh, CEO of the Company.

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). 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ALSUOOARKWAURAA

(END) Dow Jones Newswires

December 03, 2019 06:45 ET (11:45 GMT)

Grafico Azioni Ab Dynamics (LSE:ABDP)
Storico
Da Mar 2024 a Apr 2024

Grafico Azioni Ab Dynamics (LSE:ABDP)
Storico
Da Apr 2023 a Apr 2024