Directors Dealing

RNS Number : 5766I

AB Dynamics PLC

10 December 2015

 

 10 December 2015

A B Dynamics plc

("ABD" or the "Company")

Director's Dealing

A B Dynamics plc (AIM:ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry has been informed that on 9 December 2015, Anthony Best, the founder and Chairman of the Company, transferred 500,000 ordinary shares in the Company to his wife, Naemi Best, for nil consideration.

Following the transfer, Mr Best has a direct interest in 4,997,107 ordinary shares and Mrs Best has a direct interest in 1,500,000 ordinary shares representing 28.8% and 8.7% of the issued share capital respectively. Together with his wife, Mr Best remains interested in 6,497,107 ordinary shares representing 37.5% of the issued share capital of the Company.

For further information please contact:

AB Dynamics plc Tim Rogers, Managing Director Rob Hart, Financial 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 886 2500
Newgate (PR) Adam Lloyd Tim Thompson 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 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.

 

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