Last checked at 16 Aug 2018 07:00
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.