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AB Dynamics PLC - Directorate Change

RNS Number : 4490P
AB Dynamics PLC
10 June 2020
 

10 June 2020

AB Dynamics plc

 

("AB Dynamics", the "Company" or the "Group")

Directorate Change

 

AB Dynamics plc, the designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive market, announces that Matthew Hubbard, Chief Technology Officer of the Company, has stepped down from the Board with immediate effect for personal reasons. 

 

The Company is pleased that Matthew will remain with the Group in a new part time role within Anthony Best Dynamics Limited focussing on research and a range of operational projects.  There are currently no plans to replace Matthew with a new appointment to the Board.

 

 

Dr James Routh, Chief Executive Officer said:

"I would like to take this opportunity to thank Mat for his contribution to the Group.  Mat has been instrumental in the development of many of the core technologies that now form a significant proportion of our product range and I am particularly pleased that the Group will continue to benefit from Mat's skills and experience in his new role."

 

Enquiries:

AB Dynamics plc

01225 860 200

Dr James Routh, Chief Executive Officer

Sarah Matthews-DeMers, Chief Financial Officer

 

Cairn Financial Advisers (Nomad)

0207 213 0880

Liam Murray

Ludovico Lazzaretti

 

 



Cantor Fitzgerald Europe (Broker)

0207 894 7000

 

Phil Davies, David Foreman (Corporate Finance)

Caspar Shand Kydd, Keith Dowsing, Arthur Gordon (Equity Sales)

 





Tulchan Communications                                                     

0207 353 4200

James Macey White

Matt Low


Deborah Roney


 

The person responsible for arranging the release of this information is Felicity Jackson, Company Secretary.


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.
 
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Quick facts: AB Dynamics PLC

Price: 1835

Market: AIM
Market Cap: £414.28 m
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