Board appointment

RNS Number : 5446C

AB Dynamics PLC

01 October 2018

 

1 October 2018

AB Dynamics plc

("ABD" or the "Company")

Board appointment

AB Dynamics plc (AIM: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry confirms that further to the announcement dated 4 September 2018, Dr James Routh has today been appointed to the board of the Company and as Chief Executive Officer ("CEO").

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 and has been arranged for release by Robert Hart, Chief Financial Officer of the Company.

For further information please contact:

AB Dynamics plc Tony Best, Chairman Rob Hart, Chief Financial Officer	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
IFC Advisory (PR) Tim Metcalfe Heather Armstrong Graham Herring	0203 053 8671

Overview of AB Dynamics plc

ABD is a leading designer, manufacturer and provider of advanced testing and measurement products for vehicle suspension, brakes and steering to the global automotive research and development sector. The Group was founded in 1982 and listed on AIM in May 2013. The Group is headquartered in Bradford on Avon employing approximately 150 staff. ABD currently supplies twenty of the top twenty automotive manufacturers, including Honda, Toyota, Ford and Volkswagen, who routinely use the Group's products to test vehicle safety and dynamics.

 

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