Director/PDMR Shareholding

RNS Number : 0892P

Petards Group PLC

23 May 2018

 

23 May 2018

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 Adcel Limited, an entity controlled by Paul Negus, director, has sold 75,000 ordinary shares.  Following the sale, Mr Negus is directly interested in 625,000 ordinary shares representing 1.11 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	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 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) 26.00 pence 25.00 pence 50,000 25,000
d)	Aggregated information -     Aggregated volume -     Price	75,000 £19,250
e)	Dates of the transactions	18 & 22 May 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 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

 

 

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