Grant of SAYE Options and PDMR dealings
AB Dynamics launches 2026 SAYE scheme; 65 employees granted 63,230 options at £8.73 per share.
- Exercise price per share £8.73
- Discount to market price approximately 20 percent
- Employee participation rate 65 employees (approximately 23 percent of eligible)
- Total options granted 63,230
- Percentage of issued share capital 0.3 percent
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AB Dynamics plc (the "Company"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, announces that it has launched its 2026 Save As you Earn Scheme (the "2026 SAYE Scheme") for all eligible employees offering a savings plan over 3 years.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 1 pence each ("Ordinary Shares") which have been granted at an exercise price of £8.73 per Ordinary Share, representing approximately a 20 percent discount to the closing mid-market price of the Ordinary Shares over the five business days from 16 April 2026 to 22 April 2026, the latter being the business day prior to the opening of the 2026 SAYE Scheme to applications. The Options have a savings contract start date of 1 July 2026 and are exercisable between 1 July 2029 and 1 January 2030.
A total of 65 employees, which equates to approximately 23 percent of eligible employees, have elected to participate in the 2026 SAYE Scheme.
Pursuant to this, a grant of 63,230 options over Ordinary Shares was made on 15 May 2026, equating to 0.3 percent of the current issued share capital of 22,954,463 Ordinary Shares.
| PDMR | Title | Number of options granted |
|---|---|---|
| Sarah Matthews-DeMers | Chief Executive Officer | 2,084 |
| Andrew Lewis | Interim Chief Financial Officer | 2,084 |
| Miles Ingrey-Counter | General Counsel and Company Secretary | 1,042 |
The information contained in this notification is disclosed in accordance with Article 19 of the UK Market Abuse regulation.
| 1 | Details of the relevant person / person closely associated | |||||
| a) | Name | Sarah Matthews-DeMers | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer | ||||
| b) | Initial notification/ Amendment | Initial notification | ||||
| 3 | Details of the issuer | |||||
| a) | Name | AB Dynamics plc | ||||
| b) | LEI | 213800OFXZP4A7I47K43 | ||||
| Identification code | GB00B9GQVG73 | |||||
| b) | Nature of the transaction | Grant of options under the 2026 SAYE Scheme. 3-year savings plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | |||||
| - Aggregated volume | N/A | |||||
| - Price | ||||||
| e) | Date of the transaction | 15 May 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the relevant person / person closely associated | |||||
| a) | Name | Andrew Lewis | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Interim Chief Financial Officer | ||||
| b) | Initial notification/ Amendment | Initial notification | ||||
| 3 | Details of the issuer | |||||
| a) | Name | AB Dynamics plc | ||||
| b) | LEI | 213800OFXZP4A7I47K43 | ||||
| Identification code | GB00B9GQVG73 | |||||
| b) | Nature of the transaction | Grant of options under the 2026 SAYE Scheme. 3-year savings plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | |||||
| - Aggregated volume | N/A | |||||
| - Price | ||||||
| e) | Date of the transaction | 15 May 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the relevant person / person closely associated | |||||
| a) | Name | Miles Ingrey-Counter | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | General Counsel and Company Secretary | ||||
| b) | Initial notification/ Amendment | Initial notification | ||||
| 3 | Details of the issuer | |||||
| a) | Name | AB Dynamics plc | ||||
| b) | LEI | 213800OFXZP4A7I47K43 | ||||
| Identification code | GB00B9GQVG73 | |||||
| b) | Nature of the transaction | Grant of options under the 2026 SAYE Scheme. 3-year savings plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | |||||
| - Aggregated volume | N/A | |||||
| - Price | ||||||
| e) | Date of the transaction | 15 May 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.