SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAB Dynamics Regulatory News (ABDP)

Share Price Information for AB Dynamics (ABDP)

Share Price is delayed by 15 minutes
Get Live Data
1,056.00    22.00 (2.13%)
Bid:
1,046.00
Ask:
1,054.00
Spread: 8.00 (0.765%)
Market Cap: £241.72m
ABDP Live PriceLast checked at - London Stock Exchange

Intraday AB Dynamics Share Chart

Contract Win

14 Jun 2018 07:00

RNS Number : 3030R
AB Dynamics PLC
14 June 2018
 

AB Dynamics plc

("ABD" or the "Company")

 

Contract win

 

AB Dynamics plc (AIM: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, is pleased to announce that it has received its first order for an advanced vehicle driving simulator (aVDS).

 

The aVDS order, placed by a Chinese test house is valued at more than £2.0m with delivery expected in early 2019. Most of the value of the contract is expected to be recognised in the Company's next financial year commencing 1 September 2018.

 

Tony Best, Chairman of AB Dynamics commented:

 

"Following more than 2 years of development work in conjunction with Williams Advanced Engineering we are very pleased to have achieved our first sale of the aVDS. This new line of product will underpin and strengthen our position supplying test equipment to the global automotive industry."

 

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 140 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
CNTGGUQUQUPRGWW
Date   Source Headline
19th Mar 20202:06 pmRNSSecond Price Monitoring Extn
19th Mar 20202:00 pmRNSPrice Monitoring Extension
19th Mar 20201:32 pmRNSDirectors' Share Dealing
19th Mar 20207:00 amRNSTrading Update & Notice of Results
18th Mar 20204:36 pmRNSPrice Monitoring Extension
18th Mar 202011:06 amRNSSecond Price Monitoring Extn
18th Mar 202011:00 amRNSPrice Monitoring Extension
13th Mar 20207:00 amRNSBlock listing Interim Review
11th Mar 20204:40 pmRNSSecond Price Monitoring Extn
11th Mar 20204:35 pmRNSPrice Monitoring Extension
3rd Mar 202012:02 pmRNSExercise of Options
26th Feb 202011:05 amRNSSecond Price Monitoring Extn
26th Feb 202011:00 amRNSPrice Monitoring Extension
21st Jan 202010:23 amRNSGrant of LTIP Awards
15th Jan 20202:02 pmRNSResult of AGM
14th Jan 20202:00 pmRNSPrice Monitoring Extension
17th Dec 20193:37 pmRNSDirector Dealing
11th Dec 20191:39 pmRNSExercise of Options
5th Dec 201912:30 pmRNSGrant of Options & Related Party Transaction
3rd Dec 201911:45 amRNSBlock Listing Application
2nd Dec 20194:40 pmRNSSecond Price Monitoring Extn
2nd Dec 20194:35 pmRNSPrice Monitoring Extension
27th Nov 20197:00 amRNSFinal Results
2nd Oct 20197:00 amRNSPre-Close Trading Update & Notice of Results
27th Sep 201910:58 amRNSExercise of Options
13th Sep 20194:24 pmRNSCorrection: PDMR share dealings
10th Sep 20191:55 pmRNSBlock Listing Application
10th Sep 20191:52 pmRNSPDMR share dealings
6th Sep 201912:40 pmRNSPDMR share dealing
5th Sep 201910:20 amRNSDirector and PCA share dealings
2nd Sep 20197:00 amRNSAcquisition of Dynamic Research Incorporated
15th Jul 20191:05 pmRNSExercise of Share Options
4th Jul 20197:00 amRNSAppointment of Chief Financial Officer
28th Jun 20191:52 pmRNSAcquisition of rFpro
12th Jun 201910:42 amRNSHolding(s) in Company
6th Jun 201911:17 amRNSResult of General Meeting and Total Voting Rights
6th Jun 20197:00 amRNSResults of Oversubscribed Open Offer
20th May 20194:17 pmRNSResult of Placing
20th May 20197:00 amRNSProposed Placing to raise up to £45.1 million
24th Apr 20197:00 amRNSHalf-year Report
29th Mar 20193:03 pmRNSHolding(s) in Company
27th Mar 20197:00 amRNSTrading Update & Notice of Interim Results
22nd Mar 201910:50 amRNSPDMR Dealing
11th Mar 20191:57 pmRNSPDMR Dealing
8th Mar 20192:30 pmRNSPDMR Dealing
8th Mar 20192:15 pmRNSPDMR Dealing
8th Mar 20192:00 pmRNSDirector Dealing
6th Mar 20197:00 amRNSPDMR Dealing
13th Feb 20197:00 amRNSDirectorate Change
24th Jan 20192:15 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.