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AB Dynamics Executives Exercise LTIP Options and Sell Shares to Cover Tax

Story Highlights
  • AB Dynamics executives exercised 29,309 nil-cost LTIP options, increasing their direct shareholdings in the company.
  • A portion of the new shares was sold at 1,295p to fund exercise costs and tax, while the remainder was retained, aligning management with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AB Dynamics Executives Exercise LTIP Options and Sell Shares to Cover Tax

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AB Dynamics ( (GB:ABDP) ) has issued an update.

AB Dynamics has disclosed that several senior managers exercised nil-cost options under its Long Term Incentive Plan and sold a portion of the resulting shares to cover exercise costs and tax liabilities. Chief executive Sarah Matthews-DeMers and other senior executives together exercised 29,309 options and sold part of their new holdings at 1,295p per share, modestly increasing their direct stakes while signalling continued alignment with shareholders through retained shareholdings.

The most recent analyst rating on (GB:ABDP) stock is a Buy with a £1433.00 price target. To see the full list of analyst forecasts on AB Dynamics stock, see the GB:ABDP Stock Forecast page.

Spark’s Take on GB:ABDP Stock

According to Spark, TipRanks’ AI Analyst, GB:ABDP is a Outperform.

AB Dynamics shows strong financial performance and a positive outlook from its recent earnings call, which are the most significant factors in its overall score. However, technical indicators suggest a bearish trend, and the valuation is only moderately attractive, which tempers the overall score.

To see Spark’s full report on GB:ABDP stock, click here.

More about AB Dynamics

AB Dynamics plc is a UK-based designer, manufacturer and supplier of advanced testing, simulation and measurement products for the global transport market, serving automotive and mobility customers with technology used in vehicle development and validation.

Average Trading Volume: 62,031

Technical Sentiment Signal: Sell

Current Market Cap: £298.4M

For detailed information about ABDP stock, go to TipRanks’ Stock Analysis page.

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