Petards Group PLC Exercise of options and Director/PDMR Shareholding (7918E)
May 11 2017 - 1:01AM
UK Regulatory
TIDMPEG
RNS Number : 7918E
Petards Group PLC
11 May 2017
11 May 2017
PETARDS GROUP PLC
("Petards" or the "Group")
Exercise of Options
Director/PDMR Shareholding
Petards, the AIM quoted software developer of advanced security
and surveillance systems, announces that it has issued and allotted
312,500 ordinary shares of 1 pence each ("Ordinary Shares")
pursuant to the exercise of share options by Raschid Abdullah,
Chairman.
Following the exercise and issue, Mr Abdullah is directly
interested in 1,471,472 ordinary shares.
Application has been made for the 312,500 new Ordinary Shares to
be admitted to trading on AIM and it is expected that admission
will take place on or about 8.00 a.m. on 12 May 2017
("Admission").
In accordance with the Disclosure and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately
following this transaction its issued share capital will consist of
36,258,262 Ordinary Shares of 1 pence each of which none are held
in Treasury. Therefore, the total number of voting rights in the
Company is 36,258,262. Shareholders may use these figure as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the Company under the FSA's Disclosure and
Transparency Rules.
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 Exercise of options
--- ------------------------------------------------------------ ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------------------- ----------
8 pence (exercise price) 312,500
-------------------------- ----------
--- ------------------------------------------------------------ ----------------------------------------
d) Aggregated information
* Aggregated volume 312,500
GBP25,000
* Price
--- ------------------------------------------------------------ ----------------------------------------
e) Date of the transaction 10 May 2017
--- ------------------------------------------------------------ ----------------------------------------
f) Place of the transaction N/A
--- ------------------------------------------------------------ ----------------------------------------
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
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