Invest4

AIM Rule 26

1) Description of business

The Group is engaged in the design, manufacture and supply to the global automotive industry of advanced testing and measurement products for vehicle suspension, brakes and steering both in the laboratory and on the test track. With over 90% of sales to export, the Group's products are used for research, development and production quality control. The Directors believe that the Group is one of the leading UK suppliers in its market, with customers including the research and development divisions of some of the world's leading vehicle manufacturers.

The Group designs and manufactures specialised systems for the development of:

  • Suspension, chassis and steering systems
  • Vehicle dynamics on the track
  • Next generation of advanced safety system in vehicles 
  • Driverless cars
  • Autonomous vehicle testing
  • Noise/ vibration (NVH) testing of powertrain assemblies
  • Advanced Vehicle Dynamic Simulator

With our in-house capabilities in Mechanical, Electrical and Software design, we are a solutions provider to an industry continually seeking novel engineering testing solutions to new technical challenges.

2) Country of incorporation and main country of operation

AB Dynamics plc ("the Company") is the holding company of Anthony Best Dynamics Limited (together "the Group") and was admitted to trading on AIM on May 22nd 2013. The Company is incorporated in England (registered number 8393914) which is also its country of operation. The Company's registered office is Middleton Drive, Bradford-on-Avon, Wiltshire BA15 1GB

3) Current constitutional documents

4) Details of any other exchanges or trading platforms

The Company is not listed on any other exchanges or trading platforms. 

5) The number of AIM securities in issue, percentage of AIM securities that is not in public hands and identity and percentage holdings of significant shareholders

The Company's issued share capital consists of 19,536,534 ordinary shares with a nominal value of 1p each, each share having equal voting rights. The percentage of securities not in public hands is 40.5%.

Significant Shareholders

Number of Shares% of share capital
Anthony Best4,647,10724.0 
Naemi Best1,500,000 7.7
Castlefield CFP SDL UK Buffettology Fund General1,315,0006.8
Anne Middleton1,200,0006.2
Cannacord Genuity Group Inc971,8935.0
Liontrust Investment Mgt964,6905.0
Hargreaves Landsdown Asset Mgt933,7754.8
Tellworth Investments742,818 3.8
Amati AIM VCT plc652,7503.4

There are 1,012,534 Options and 0 Warrants Outstanding

There are no restrictions on the transfer of securities. 

This page was correct as at 30.10.2018

6) Annual accounts published for last three years and all half-yearly, quarterly or similar reports


7) Notifications made in the last 12 months

AGM

8) Most recent admission document

9) Details of a recognised corporate governance code

Chairman's Corporate Governance Statement

How the company complies with code

Disclosures against the principles of the QCA Code

Updated 12.09.2018

10) Names of directors and brief biographical details

Board of Directors

11) Description of the responsibilities of the members of the board of directors and details of any committees of the board of directors and their responsibilities 

The responsibilities of members of the board are detailed in their biographical details above. The board has established an Audit Commitee, Remuneration Commitee and Nomination Committee, details are shown here - Directors Responsibilities and Corporate Governance. Further information about these committees is shown in section 10 of Disclosures against the principles of the QCA Code.

12) Where the AIM Company is not incorporated in the UK, a statement that the rights of shareholders may be different from the rights of shareholders in a UK incorporated company

The Company is incorporated in the UK

13) Whether the AIM Company is subject to the UK City Code on Takeovers and Mergers

The Company is subject to the UK City Code on Takeovers and Mergers

14) Details of nominated adviser and other key advisers

Advisers