Shares Awards and Director/PDMR Dealings
AB Dynamics plc announced the award of bonus shares and the grant of Long-Term Incentive Plan (LTIP) awards on November 17, 2025. Sarah Matthews-DeMers received 2,692 bonus shares, representing 20% of her annual bonus for the year ended August 31, 2025, valued at 1235p per share and subject to a three-year holding period. Additionally, nil cost option awards over a total of 117,842 ordinary shares were granted to seven PDMRs under the LTIP, with Sarah Matthews-DeMers receiving 55,870 of these awards, all vesting on November 17, 2028, contingent on continued service and performance criteria.
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AB Dynamics plc, the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, today announces the award of bonus shares and the grant of LTIP awards.
Award of Bonus Shares
On 17 November 2025, ordinary shares of one penny each ("Ordinary Shares") were awarded to Sarah Matthews-DeMers in satisfaction of 20% of her respective annual bonus for the year ended 31 August 2025 ("Bonus Shares").
The Bonus Shares were awarded by reference to a price of 1235p, being the closing share price on 14 November 2025. The Bonus Shares have a required holding period of three years.
The table below sets out details of the Bonus Shares awarded together with the resulting holdings of the director:
| Name and role | Number of Bonus Shares awarded | Resulting interest in Ordinary Shares | Resulting percentage of Ordinary Shares |
|---|---|---|---|
| Sarah Matthews-DeMers (CFO and CEO designate) | 2,692 | 33,783 | 0.15% |
The Bonus Shares were awarded for nil consideration by transfer from the employee benefit trust.
Grant of LTIP awards
On 17 November 2025, the Company awarded nil cost option awards over a total of 117,842 Ordinary Shares to seven of its PDMRs in accordance with the rules of the LTIP, with a grant date of 17 November 2025.
The table below sets out the allocation of LTIP awards together with the previous awards made under the LTIP:
| Name and role | New LTIP award | Existing LTIP awards | Total number of LTIP awards |
|---|---|---|---|
| Sarah Matthews-DeMers (CFO and CEO designate) | 55,870 | 67,390 | 123,260 |
| Andrew Ng (Group President - Testing Products) | 16,993 | 26,627 | 43,620 |
| Matthew Price (Group Corporate Development Director) | 6,705 | 14,458 | 21,163 |
| Dan Clark (Group President - Simulation) | 11,676 | 17,173 | 28,849 |
| Neil Carpenter (Managing Director - Testing Services) | 8,834 | 5,564 | 14,398 |
| Rory Grunerud (Managing Director - ABD Solutions) | 8,757 | 5,357 | 14,114 |
| Ben Russell (Group Business Development Director) | 9,007 | 5,510 | 14,517 |
Subject to the rules of the LTIP these awards will vest on 17 November 2028, ordinarily subject to continued service and subject to satisfying the required total shareholder return, EPS and cash conversion performance criteria.
| 1 | Details of the relevant person / person closely associated | |
| a) | Name | Sarah Matthews-DeMers |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial Officer and Chief Executive Officer designate |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer | |
| a) | Name | AB Dynamics plc |
| b) | LEI | 213800OFXZP4A7I47K43 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares |
| Identification code | GB00B9GQVG73 | |
| b) | Nature of the transaction | Award of Ordinary Shares in partial satisfaction of an annual bonus payment. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 2,692 |
| d) | Aggregated information | |
| - Aggregated volume | n/a | |
| - Price | ||
| e) | Date of the transaction | 17 November 2025 |
| f) | Place of the transaction | Outside of a trading platform |
| 1 | Details of the relevant person / person closely associated | |
| a) | Name | 1. Sarah Matthews-DeMers 2. Andrew Ng 3. Matthew Price 4. Dan Clark 5. Neil Carpenter 6. Rory Grunerud 7. Ben Russell |
| 2 | Reason for the notification | |
| a) | Position/status | 1. Chief Financial Officer and Chief Executive Officer designate 2. Group President - Testing Products 3. Group Corporate Development Director 4. Group President - Simulation 5. Managing Director - Testing Services 6. Managing Director - ABD Solutions 7. Group Business Development Director |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer | |
| a) | Name | AB Dynamics plc |
| b) | LEI | 213800OFXZP4A7I47K43 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares |
| Identification code | GB00B9GQVG73 | |
| b) | Nature of the transaction | Grant of nil cost option LTIP awards over Ordinary Shares. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 1. 55,870 2. 16,993 3. 6,705 4. 11,676 5. 8,834 6. 8,757 7. 9,007 |
| d) | Aggregated information | |
| - Aggregated volume | n/a | |
| - Price | ||
| e) | Date of the transaction | 17 November 2025 |
| f) | Place of the transaction | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.