AB Dynamics PLC PDMR announcement (9452X)
16 August 2018 - 8:01AM
UK Regulatory
TIDMABDP
RNS Number : 9452X
AB Dynamics PLC
16 August 2018
AB Dynamics plc
("ABD" or the "Company")
PDMR announcement
AB Dynamics plc (AIM: ABDP) the designer, manufacturer and
supplier of advanced testing systems and measurement products to
the global automotive industry, is sad to announce that Anne
Middleton, a director of Anthony Best Dynamics Limited and a
significant shareholder in the Company owning 6.2% of the issued
share capital, has died having lost her fight against cancer. The
Directors and employees of ABD would like to take this opportunity
to extend their sincerest condolences to Anne's family.
Tony Best, Chairman of AB Dynamics commented:
"We are deeply saddened by this news. Anne, who has been a
friend and colleague for many years, was married to Andrew
Middleton who joined me to establish the business soon after I
founded it in 1982. Andrew died in 2010."
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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END
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