Director/PDMR Shareholding

RNS Number : 3305F

Petards Group PLC

16 May 2017

 

16 May 2017

PETARDS GROUP PLC

("Petards" or the "Group")

 

Director/PDMR Shareholding

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has received notification that Raschid Abdullah, Chairman, has sold 140,000 ordinary shares at a price of 38 pence each.  Following the sale, Mr Abdullah is directly interested in 1,331,472 ordinary shares.

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	213 800 YPE 3U4 5S6 TZT 05
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 Identification code	Ordinary shares of 1 pence each ISIN: GB00B4YL8F73
b)	Nature of the transactions	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 38 pence 38 pence 90,000 50,000
d)	Aggregated information -     Aggregated volume -     Price	140,000 £53,200
e)	Date of the transaction	12 May 2017 16 May 2017
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 Joint Broker	www.whirelandplc.com
Mike Coe / Ed Allsopp	Tel:  [phone]
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  [phone] [e-mail]

 

END

 

 

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