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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Petards Group Plc | LSE:PEG | London | Ordinary Share | GB00B4YL8F73 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.50 | 6.00 | 7.00 | 6.50 | 6.50 | 6.50 | 10,000 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Systems Service | 9.42M | -1.05M | -0.0173 | -3.76 | 3.95M |
TIDMPEG
RNS Number : 6756S
Petards Group PLC
11 November 2013
11 November 2013
PETARDS GROUP PLC ("Petards" or the "Group")
Contract Win
Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Hyundai Rotem of South Korea with Petards eyeTrain on-board digital CCTV systems for Electrical Multiple Unit (EMU) trains that they are supplying to New Zealand.
The contract is for the supply of eyeTrain systems comprising saloon CCTV, forward facing cameras and automatic passenger counting to be installed on 70 additional 'Matangi' EMU cars that Hyundai Rotem will supply to Greater Wellington Railways as part of a new extension order. Petards already supplied the systems on the previous 96 'Matangi' EMU cars delivered by Hyundai Rotem to the same customer. The contract is worth over GBP1 million and deliveries are expected to commence in the second half of 2014 and to be completed by the end of that year.
Commenting on the award, Petards Chairman Raschid Abdullah said;
"We are very pleased that Hyundai Rotem and Greater Wellington Railways have again chosen Petards eyeTrain systems for fitment to their Matangi trains and we look forward to having the opportunity to work with them both once more. We believe this is a good example of the opportunities for repeat business that exist once our equipment has been specified and installed onto particular classes of new trains."
Contacts:
Petards Group plc www.petards.com Raschid Abdullah, Chairman Tel: 01483 452333 Mb: 07768 905004 WH Ireland Limited, Nomad and www.wh-ireland.co.uk Joint Broker Mike Coe Tel: 0117 945 3470 Hybridan LLP, Joint Broker Claire Louise Noyce Tel: 020 7947 4350 claire.noyce@hybridan.com William Lynne Tel: 020 7947 4361
william.lynne@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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