Petards Group PLC Director/PDMR Shareholding (6348G)
November 07 2018 - 4:26AM
UK Regulatory
TIDMPEG
RNS Number : 6348G
Petards Group PLC
07 November 2018
7 November 2018
Petards Group plc
("Petards" or the "Company" or "the Group")
Grant of Share Options
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that its Remuneration Committee, in
accordance with the rules of the Company's Enterprise Management
Incentive (EMI) Plan and Unapproved Option Plan approved by
shareholders in January 2015, has granted options over 575,000
ordinary shares each to Raschid Abdullah, Executive Chairman and
Osman Abdullah, Chief Executive Officer and options over 300,000
ordinary shares to Paul Negus, Executive Director.
Under this award, Raschid Abdullah has been granted EMI options
over 575,000 ordinary shares, Osman Abdullah has been granted
Unapproved options over 575,000 ordinary shares and Paul Negus has
been granted Unapproved options over 300,000 ordinary shares.
All the options granted have an exercise price of 21.5 pence,
being the closing mid-market share price on 30 October 2018 (the
last dealing day prior to the date of grant), vest three years from
the date of grant and once vested are exercisable at any time up to
ten years after the date of grant.
Immediately prior to this grant, Raschid Abdullah's interest in
the shares of Petards Group plc was 3,476,909 shares, representing
6.05% of the issued share capital and options over 850,000
shares.
Immediately prior to this grant, Osman Abdullah's interest in
the shares of Petards Group plc was 2,139,948 shares representing
3.72% of the issued share capital and options over 2,162,500
shares.
Immediately prior to this grant, Paul Negus' interest in the
shares of Petards Group plc was 575,000 shares, representing 1% of
the 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 Michael Abdullah
------------------------------------------------------------ ------------------------------------------------
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 Grant of Options
------------------------------------------------------------ ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
21.5 pence 575,000
---------------------
------------------------------------------------------------ ------------------------------------------------
d) Aggregated information
* Aggregated volume 575,000
GBP123,625
* Price
------------------------------------------------------------ ------------------------------------------------
e) Date of the transaction 31 October 2018
------------------------------------------------------------ ------------------------------------------------
f) Place of the transaction London
------------------------------------------------------------ ------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Osman Abdullah
------------------------------------------------------------ ------------------------------------------------
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 Grant of Options
------------------------------------------------------------ ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
21.5 pence 575,000
---------------------
------------------------------------------------------------ ------------------------------------------------
d) Aggregated information
* Aggregated volume 575,000
GBP123,625
* Price
------------------------------------------------------------ ------------------------------------------------
e) Date of the transaction 31 October 2018
------------------------------------------------------------ ------------------------------------------------
f) Place of the transaction London
------------------------------------------------------------ ------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name 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 Grant of Options
------------------------------------------------------------ ------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
21.5 pence 300,000
---------------------
------------------------------------------------------------ ------------------------------------------------
d) Aggregated information
* Aggregated volume 300,000
GBP64,500
* Price
------------------------------------------------------------ ------------------------------------------------
e) Date of the transaction 31 October 2018
------------------------------------------------------------ ------------------------------------------------
f) Place of the transaction London
------------------------------------------------------------ ------------------------------------------------
For further information:
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905 004
Terry Connolly, Senior Non-Executive Mb: 07870 933 086
Director
and Chairman of the Remuneration
Committee
WH Ireland Limited, Nomad and www.whirelandcb.com
Joint Broker
Mike Coe / Chris Savidge Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 0203 764 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
DSHFSDFSWFASEEF
(END) Dow Jones Newswires
November 07, 2018 05:26 ET (10:26 GMT)
Petards (LSE:PEG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Petards (LSE:PEG)
Historical Stock Chart
From Jul 2023 to Jul 2024
