24th Jun 2025 21:42
Petards Group PLC - Guildford, England-based security, communication and surveillance systems developer - Receives an order, worth GBP360,000 over two years, for the renewal of software as a service licenses for its rail focussed software applications. The order is from a leading supplier to the UK rail industry, and renews the customer's licenses for RTS Solutions's work, resource and asset management SaaS applications for a further two years. Further smaller supplementary orders for licenses and other work are expected to follow. Chair Raschid Abdullah says: "We are delighted to have secured this license renewal from such an important customer and the award adds to RTS's order book and provides it with a strong core of recurring revenues for the current and following years."
Current stock price: 7.90 pence, down 4.2% in London on Tuesday
12-month changed: up 13%
By Jeremy Cutler, Alliance News reporter
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