Business
Director's dealing
Director's dealing.
About this update from Ab Dynamics Plc
[{"type":"text","content":"\n \nRNS Number : 0709Z AB Dynamics PLC 09 March 2017 \n\n9 March 2017\n \n \nAB Dynamics plc\n(\"ABD\" or the \"Company\")\n \nDirector's dealing\n \nAB Dynamics plc (AIM: ABDP) the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry announces that on 6 March 2017 Timothy (Tim) Rogers transferred 50,000 ABD ordinary shares for nil consideration representing 0.26% of the Company's issued ordinary share capital to his wife Jeanette Grafstrom.\nFollowing the sale, Mr Rogers together with his wife Jeanette Grafstrom remains interested in 398,953 ABD ordinary shares, representing 2.09% of the Company's issued share capital.\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nFor further information please contact:\n \n\n\n\n\nAB Dynamics plc\nTim Rogers, Chief Executive Officer\nTony Best, Non-executive Chairman\n \n\n\n01225 860 200\n\n\n\n\nCairn Financial Advisers LLP (Nomad)\nTony Rawlinson\nLiam Murray\nRichard Nash\n \n\n\n0207 213 0880\n\n\n\n\nCantor Fitzgerald Europe (Broker)\nDavid Foreman\nPhil Davies\n \n\n\n0207 894 7000\n\n\n\n\nNewgate (PR)\nAdam Lloyd\nHelena Bogle\n\n\n0207 653 9850\n\n\n\n\n \nOverview of AB Dynamics plc\nABD 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. ABD is headquartered in Bradford-on-Avon employing approximately 90 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.\n \nThe notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.\n \n\n\n\n\nNotification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014\n\n\n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\nName\n\n\nTimothy (Tim) Rogers\n\n\n\n\nReason for notification\n\n\n \n\n\n\n\nPosition/Status\n\n\nChief Executive Officer of AB Dynamics Plc\n\n\n\n\nIniti...