Petards Group PLC Director/PDMR Shareholding (0786B)
March 30 2017 - 10:45AM
UK Regulatory
TIDMPEG
RNS Number : 0786B
Petards Group PLC
30 March 2017
30 March 2017
PETARDS GROUP PLC
("Petards" or the "Group")
Director/PDMR Shareholding
Petards, the AIM quoted software developer of advanced security
and surveillance systems, announces that it has received
notification that Raschid Abdullah, Chairman, has converted
GBP7,543 of the outstanding convertible loan notes into 94,287
ordinary shares of 1 pence each at a price of 8 pence per
share.
Following the conversion, Mr Abdullah is directly interested in
1,300,405 ordinary shares.
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
The information below, set out in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------
a) Name Raschid Abdullah
--- ------------------------------------------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------
a) Position/status Chairman
--- ------------------------------------------------------------- --------------------------------
b) Initial notification/ Amendment Initial Notification
--- ------------------------------------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------
a) Name Petards Group plc
--- ------------------------------------------------------------- --------------------------------
b) LEI N/A
--- ------------------------------------------------------------- --------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
--- -----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary shares of 1 pence each
Identification code ISIN: GB00B4YL8F73
--- ------------------------------------------------------------- --------------------------------
b) Nature of the transactions Conversion of loan notes
--- ------------------------------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
8 pence 94,287
---------- ----------
--- ------------------------------------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 94,287
GBP7,543
* Price
--- ------------------------------------------------------------- --------------------------------
e) Date of the transaction 28 March 2017
--- ------------------------------------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------------------------------------------- --------------------------------
Contacts:
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905 004
WH Ireland Limited, Nomad www.whirelandplc.com
and Joint Broker
Mike Coe / Ed Allsopp Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 020 3764 2341
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHSDUFISFWSEDD
(END) Dow Jones Newswires
March 30, 2017 11:45 ET (15:45 GMT)
Petards (LSE:PEG)
Historical Stock Chart
From Apr 2024 to May 2024
Petards (LSE:PEG)
Historical Stock Chart
From May 2023 to May 2024
