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Advanced Braking Technology Appoints New Director with Significant Shareholding

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Advanced Braking Technology Appoints New Director with Significant Shareholding

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Advanced Braking Technology Limited ( (AU:ABV) ) has provided an update.

Advanced Braking Technology Limited has announced the appointment of Andrew Booth as a director, effective from September 9, 2025. Booth holds significant interests in the company, with 3,316,402 ordinary shares registered in his name and an additional 8,937,164 shares held through an employee share trust. This appointment and Booth’s substantial shareholding may influence the company’s strategic direction and stakeholder confidence.

The most recent analyst rating on (AU:ABV) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Advanced Braking Technology Limited stock, see the AU:ABV Stock Forecast page.

More about Advanced Braking Technology Limited

Advanced Braking Technology Limited operates in the automotive industry, focusing on the development and supply of braking systems. The company is known for its innovative braking solutions that cater to various market segments, including mining and commercial vehicles.

Average Trading Volume: 273,602

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$41.77M

Find detailed analytics on ABV stock on TipRanks’ Stock Analysis page.

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