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Petards Group PLC (PEG)

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Wednesday 26 July, 2017

Petards Group PLC

Grant of Share Options

RNS Number : 0768M
Petards Group PLC
26 July 2017
 

26 July 2017

 

Petards Group plc

("Petards" or the "Company" or "the Group")

 

Grant of Share Options

 

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that following a meeting of its Remuneration Committee on 25 July 2017 and in accordance with the rules of its Enterprise Management Incentive (EMI) and Unapproved Option Plan approved by shareholders in January 2015, it has granted options over 80,000 ordinary shares to a senior employee of the Group.

 

All the options granted have an exercise price of 29p, being the closing mid-market share price on 25 July 2017 (the latest possible date prior to the date of grant), vest three years from the date of grant and once vested are exercisable at any time up to ten years after the date of grant.

 

 

For further information:

 

Petards Group plc

www.petards.com

 

Raschid Abdullah, Chairman

Mb:  07768 905 004

 

Terry Connolly, Senior Non-Executive Director

and Chairman of the Remuneration Committee

Mb:  07870 933 086

 

 

 

 

WH Ireland Limited, Nomad and Joint Broker

www.whirelandcb.com

 

Mike Coe / Ed Allsopp

Tel:  0117 945 3470

 

 

 

 

Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

 

Tel:  0203 764 2341

[email protected]

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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