Director/PDMR Shareholding

RNS Number : 8085H

AB Dynamics PLC

22 August 2016

 

22 August 2016

AB Dynamics plc

("ABD" or the "Company")

Director's dealing

AB Dynamics plc (AIM: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry announces that on 22 August 2016 Jeanette Grafstrom partner of Managing Director, Timothy (Tim) Rogers sold 10,000 ABD ordinary shares at a price of 466 pence per share representing 0.056% of the Company's issued ordinary share capital.

Following the sale, Mr Rogers together with his partner Jeanette Grafstrom remains interested in 412,953 ABD ordinary shares, representing 2.32% of the Company's issued share capital.

For further information please contact:

AB Dynamics plc Tim Rogers, Managing Director Tony Best, Chairman	01225 860 200
Cairn Financial Advisers LLP (Nomad) Tony Rawlinson Liam Murray	0207 148 7900
Cantor Fitzgerald Europe (Broker) David Foreman Phil Davies	0207 894 7000
Newgate (PR) Adam Lloyd Helena Bogle	0207 653 9850

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 80 staff. ABD currently supplies all 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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