AB Dynamics PLC, a global transport market testing and measurement products provider, has made non-material changes to its "Shares Awards and Director/PDMR Dealings" announcement. The company awarded bonus shares to directors in satisfaction of 20% of their respective annual bonuses for the year ended 31 August 2023. The Bonus Shares have a required holding period of three years. Additionally, certain PDMRs exercised nil cost option awards over Ordinary Shares held under the Long Term Incentive Plan and subsequently sold Ordinary Shares to meet the cost of exercise and tax liabilities.

The company also granted nil cost option awards over a total of 80,333 Ordinary Shares to six of its PDMRs in accordance with the rules of the LTIP, with a grant date of 8 February 2023. These awards will vest on 8 February 2027, subject to continued service and satisfying the required performance criteria. The company's CEO, Dr. James Routh, and CFO, Sarah Matthews-DeMers, were among the recipients of the LTIP awards.

AB Dynamics is a leading designer, manufacturer, and provider of advanced products for testing and verification of Advanced Driver Assistance Systems ("ADAS") technology, autonomous vehicle development, and vehicle dynamics to the global automotive research and development sector. The company supplies automotive manufacturers, Tier 1 suppliers, and service providers, who use its products to test and verify vehicle safety systems and dynamics. The company's headquarters are in Bradford on Avon.