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Exercise of Options

13th Jan 2020 16:30

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: 0117 945 3470

Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

Tel: 020 3764 2341

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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