27th Jul 2006 16:20
Petards Group PLC27 July 2006 Petards Group plc ("Petards" or "the Company") AGM Statement & Trading Update Grant of options to Directors Petards, the AIM listed developer of advanced surveillance systems, announcesthat at its Annual General Meeting held today all resolutions laid before themeeting were duly passed. In his statement to shareholders, Tim Wightman, Chairman of Petards, said: "As I indicated in June, while the Group will report a loss in the first half ofthe current year, the performance of EIMC's business acquired in March isencouraging, and the Group is presently trading in line with market expectationsfor the full year." In addition, the Company announces that the following grants of options over newordinary shares in the Company under its Enterprise Management Incentive and2001 Unapproved Share Option Plans were made on 27 July 2006 to the directors ofPetards listed below. Name Number of options Exercise price Exercise period Bill Conn 6,500,000 1p 27.07.2009 - 26.07.2016Andy Wonnacott 3,000,000 1p 27.07.2009 - 26.07.2016 For further information please contact: Petards Group plc Parkgreen Communications LtdTim Wightman, Chairman Paul McManusTel: 01932 788 288 Tel: 020 7493 3716www.petards.com Mob: 07980 541 893 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Petards