AB DYNAMICS PLC

AGM Information • Jun 6, 2019

National Storage Mechanism | Additional information

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RNS Number : 3980B

AB Dynamics PLC

06 June 2019

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE EU MARKET ABUSE REGULATION (596/2014). UPON THE PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

6 June 2019

AB Dynamics plc

("AB Dynamics", the "Company" or the "Group")

Result of General Meeting and Total Voting Rights

AB Dynamics (AIM: ABDP), the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive market, is pleased to announce that at the General Meeting held earlier today, all resolutions proposed were duly passed by shareholders.

The Placing and Open Offer remain conditional on the admission of the 2,277,500 new Ordinary Shares to trading on AIM which is expected to take place at 8.00 a.m. on 7 June 2019.

Following Admission, the Company's issued ordinary share capital will comprise 21,956,736 Ordinary Shares, of which none are held in treasury. The above figure of 21,956,736 may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the voting rights of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 20 May 2019.

The person responsible for arranging the release of this information is Dr James Routh, CEO of the Company. 

Enquires:

AB Dynamics plc	01225 860 200
Tony Best, Non-Executive Chairman Dr James Routh, Chief Executive Officer Mat Hubbard, Chief Technology Officer Rob Hart, Chief Financial Officer
Cantor Fitzgerald Europe (Financial Adviser and Sole Bookrunner)	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 Richard Nash
Tulchan Communications	0207 353 4200
James Macey White Matt Low Deborah Roney

Overview of AB Dynamics plc

AB Dynamics is a leading designer, manufacturer and provider of advanced products for testing of Advanced Driver Assistance Systems ("ADAS") technology, autonomous vehicle development and vehicle dynamics to the global automotive research and development sector.

The Group is headquartered in Bradford-on-Avon, UK, employing approximately 187 staff.  AB Dynamics currently supplies all the top automotive manufacturers, Tier 1 suppliers and service providers, who routinely use the Group's products to test vehicle safety and dynamics.

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.

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