AB Dynamics Director Sells Shares
Why we think this is neutral
This RNS announcement is a routine disclosure of director shareholding changes, which does not provide any significant new information about the company's performance or outlook. The sale of shares by a director is a neutral event that does not directly impact the company's fundamentals.
Key Points
- Director and person closely associated sold 45,000 shares each
- Shares sold at an average price of 1746.9 pence per share
- Director and associated person retain 23.49% stake in the company
Summary
The designer and manufacturer of advanced testing products for the transport market has announced a director has sold a portion of their shareholding.
AB Dynamics plc has announced that Mr Tony Best, Special Advisor to the Board, and Mrs Naemi Best, a person closely associated with Mr Best, each sold 45,000 ordinary shares in the company at an average price of 1746.9 pence per share. Following these transactions, Mr Best and persons closely associated with him retain an interest in 5,391,207 Ordinary Shares, representing approximately 23.49% of the current issued share capital.
DIRECTOR DEALINGS