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DIRECTOR DEALINGS: AB Dynamics Chair, Testing Systems Boss Sell Shares

20th Nov 2018 14:21

LONDON (Alliance News) - AB Dynamics PLC said Tuesday its chair and noise & vibration testing boss sold shares worth a combined GBP2.4 million in the automotive industry-focused testing firm in a pair of transactions on Monday.

Chairman Tony Best disposed of 100,000 shares at 1,497.75 pence each, worth GBP1.5 million. Best - along with his wife Naemi Best - still hold 6.0 million shares or a 31% stake in AB Dynamics.

Noise/Vibration Test & Monitoring Systems Director Andrew Rumble sold 60,000 shares at 1,497.75 pence each, worth GBP898,650. Following the sale, Rumble held 209,565 shares or a 1.1% stake in AB Dynamics.

Shares in AB Dynamics were 4.3% lower at 1,450.00 pence on Tuesday.


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