Contract Award

RNS Number : 7383D

Petards Group PLC

01 July 2021

 

01 July 2021. 

 

 

PETARDS GROUP PLC

 ("Petards" or the "Group")

Contract Win

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been recently awarded an export contract worth over £0.5 million to supply ProVida systems to a new overseas customer.

The contract, awarded to Petards' subsidiary QRO Solutions (QRO), is for the supply of ProVida in-car speed enforcement systems and associated online training and support.  The equipment is expected to be fully delivered during the second half of 2021 and will be installed by the end user in its fleet of police vehicles.

Raschid Abdullah, Chairman of Petards Group plc said :

"We are delighted that ProVida has been selected for this overseas application for in-car speed detection and enforcement capability and to have added a significant new customer to QRO's customer list, and we look forward to the possibility of working with them on future projects."

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.

Contacts:

Petards Group plc	www.petards.com
Raschid Abdullah, Chairman	Mb:  07768 905 004
WH Ireland Limited, Nomad and Joint Broker	www.whirelandcb.com
Mike Coe / Chris Savidge	Tel:  [phone]
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  [phone] [e-mail]

 

END

 

 

CNTDKKBPABKDDAN