Director's Dealing

RNS Number : 1879M

AB Dynamics PLC

18 January 2016

 

 18^th January 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 today its Managing Director, Timothy (Tim) Rogers has today purchased 3,400 ABD ordinary shares at a price of 287 pence per share representing 0.02% of the Company's issued ordinary share capital.

Following the purchase, Mr Rogers now owns 271,601 ABD ordinary shares, representing 1.6% of the Company's enlarged share capital. He also has options to subscribe for a further 186,100 ABD ordinary shares.

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 Avi Robinson	0207 148 7900
Panmure Gordon (Broker) Dugald J. Carlean Karri Vuori	0207 866 2500
Newgate Threadneedle (PR) Adam Lloyd	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 70 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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