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AB DYNAMICS PLC
Remuneration Information • Dec 3, 2020
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 4747H
AB Dynamics PLC
03 December 2020
3 December 2020
AB Dynamics plc
("AB Dynamics", the "Company" or the "Group")
Grant of LTIP awards
AB Dynamics plc (AIM: ABDP), the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive market, announces that on 2 December 2020, it awarded options over a total of 39,451 ordinary shares of 1 pence each ("Ordinary Shares") to PDMRs in accordance with the rules of the AB Dynamics Long Term Incentive Plan ("LTIP").
The table below sets out the allocation of the LTIP awards together with previous awards made under the LTIP:
| Name | New LTIP award | Existing LTIP awards | Total number of LTIP awards |
| James Routh | 21,917 | 18,278 | 40,195 |
| Sarah Matthews-DeMers | 13,292 | 11,085 | 24,377 |
| Mark Allman | 4,242 | 2,774 | 7,016 |
These awards will vest on 16 December 2023, subject to satisfying the required Total Shareholder Return and EPS performance criteria.
In addition James Routh has 66,667 share options and Sarah Matthews-DeMers has 60,000 share options pursuant to other Company share option plans.
Enquiries:
| AB Dynamics plc | 01225 860 200 |
| Dr James Routh, Chief Executive Officer Sarah Matthews-DeMers, Chief Financial Officer |
|
| Peel Hunt LLP | 0207 418 8900 |
| Mike Bell Ed Allsopp |
|
| Tulchan Communications | 0207 353 4200 |
| James Macey White Matt Low Laura Marshall |
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
1. James Routh
2. Sarah Matthews-DeMers
3. Mark Allman
2
Reason for the notification
a)
Position/status
1. CEO
2. CFO
3. Managing Director, Anthony Best Dynamics Limited
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
GB00B9GQVG73
b)
Nature of the transaction
Grant of options
c)
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| Nil | 1. 21,917 2. 13,292 3. 4,242 |
d)
Aggregated information
- Aggregated volume
n/a
- Price
e)
Date of the transaction
2 December 2020
f)
Place of the transaction
Outside of a trading venue
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