Petards Group PLC Director/PDMR Shareholdings (5739Q)
June 07 2018 - 1:01AM
UK Regulatory
TIDMPEG
RNS Number : 5739Q
Petards Group PLC
07 June 2018
7 June 2018
PETARDS GROUP PLC
("Petards" or the "Group")
Director/PDMR Shareholdings
Petards, the AIM quoted software developer of advanced security
and surveillance systems, announces that it has received
notification that Raschid Abdullah, Chairman, has sold 1,000,000
ordinary shares at a price of 22.5 pence each. Following the sale,
Mr Abdullah is directly interested in 2,476,909 ordinary shares
representing 4.4 per cent. of the company's issued share capital.
Mr Abdullah is also directly interested in options over 1,000,000
ordinary shares which are exercisable until 24 November 2023 and a
further 850,000 ordinary shares first exercisable on 6 January 2019
expiring 5 January 2026.
Additionally, notification was received that Adcel Limited, an
entity controlled by Paul Negus, director, has sold 50,000 ordinary
shares. Following the sale, Mr Negus is directly interested in
575,000 ordinary shares representing 1.0 per cent. of the company's
issued share capital.
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 213800YPE3U45S6TZT05
------------------------------------------------------------- --------------------------------
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 Sale of ordinary shares
------------------------------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
22.50 pence 1,000,000
----------
------------------------------------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 1,000,000
GBP225,0000
* Price
------------------------------------------------------------- --------------------------------
e) Dates of the transactions 5 June 2018
------------------------------------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Adcel Limited, an entity controlled by Paul Negus
------------------------------------------------------------ --------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status Director
------------------------------------------------------------ --------------------------------------------------
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 213800YPE3U45S6TZT05
------------------------------------------------------------ --------------------------------------------------
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 Sale of ordinary shares
------------------------------------------------------------ --------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
24.50 pence 50,000
----------
------------------------------------------------------------ --------------------------------------------------
d) Aggregated information
* Aggregated volume 50,000
GBP12,250
* Price
------------------------------------------------------------ --------------------------------------------------
e) Dates of the transactions 5 June 2018
------------------------------------------------------------ --------------------------------------------------
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 and www.whirelandcb.com
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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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