AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

AB DYNAMICS PLC

Share Issue/Capital Change Dec 6, 2016

7458_rns_2016-12-06_ce1cb189-5bc7-4e02-a9b6-604fa65b6747.html

Share Issue/Capital Change

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1098R

AB Dynamics PLC

06 December 2016

AB Dynamics plc 

("ABD" or the "Company")

Update on Proposed Placing

Other than where defined, capitalised terms used in this announcement have the same meanings given to them in the announcement released by the Company this morning at 7:00 a.m. (the "Placing Announcement").

Selling Shareholders

Further to the Placing Announcement regarding the Company's proposed Placing of Ordinary Shares, the Company announces that it has been advised that the Selling Shareholders are willing to sell, in aggregate, up to 300,000 Existing Ordinary Shares in the Company on the same terms as outlined in the Placing Announcement. The Selling Shareholders Agreement is expected to be entered into shortly on this basis.

Prior to publication, certain information contained within this announcement was deemed to constitute inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUNRSRNAAURAA

Talk to a Data Expert

Have a question? We'll get back to you promptly.