Contract win

RNS Number : 3120F

Petards Group PLC

20 February 2018

 

20 February 2018

 

 

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 awarded  £1.5 million in contracts from the UK Ministry of Defence ("MOD") for the provision of communications equipment and services in the UK.

Petards has a long established reputation as a supplier of radio communications equipment together with related engineering services to the MOD and the award of these new £1.5 million projects cover the delivery of radio equipment and engineering support services, the majority of which are expected to be delivered during the first half of 2018.

Raschid Abdullah, Chairman of Petards Group plc said:

"Petards continues to be very proud of its unbroken 18 year relationship with the MOD in this field.  We believe that the consistently high levels of customer service through our enabling agreement, together with our independently audited accreditations and expertise in supporting the MOD has again been recognised through the award of these contracts."

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 / Ed Allsopp	Tel:  [phone]
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  [phone] [e-mail]

 

END

 

 

CNTEAKANFFNPEFF