Exercise of Options

RNS Number : 6527Z

Petards Group PLC

13 January 2020

 

13 January 2020

Petards Group plc

("Petards" or "the Company")

Exercise of Share Options

Petards, the AIM quoted developer of advanced security and surveillance systems announces that is has issued 60,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") following the exercise of 60,000 options at 12.25 pence per share by a former employee.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 17 January 2020. The new Ordinary Shares will rank, pari passu, with the existing Ordinary Shares in issue.

Total Voting Rights

Following the issue of the new Ordinary Shares, the Company will have 57,528,229 ordinary shares of 1 pence each in issue. No Ordinary Shares are held in treasury. The figure of 57,528,229 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

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]

 

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