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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% | 7.50 | 7.00 | 8.00 | 7.50 | 7.50 | 7.50 | 25 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Security Systems Service | 9.42M | -1.05M | -0.0173 | -4.34 | 4.55M |
From Jul 2019 to Jul 2024
TIDMPEG
RNS Number : 3407J
Petards Group PLC
17 December 2015
17 December 2015
PETARDS GROUP PLC
('Petards' or the 'Group')
Completion of Capital Reduction
Petards (AIM: PEG), the AIM quoted developer of advanced security and surveillance systems, is pleased to announce that it has received approval from the High Court to the reduction of the Company's share capital (the "Capital Reduction"). The principal purpose of the Capital Reduction, (details of which were set out in the Circular to shareholders dated 23 October 2015) is to create realised profits sufficient to eliminate the accrued deficit on the Company's profit and loss account.
Following registration of the Court order at Companies House, the Capital Reduction took effect on 16 December 2015. The Company has given certain undertakings to the Court in relation to the reserve arising on the Capital Reduction for the protection of the Company's creditors at the date on which the Capital Reduction took effect.
For further information:
Hot Features
Premium
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905
004
Tel: 0191 420
3000
WH Ireland Limited, Nomad www.wh-ireland.co.uk
and Joint Broker
Mike Coe/Ed Allsopp Tel: 0117 945
3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 020 3764 2341
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGGGRAPUPAPGQ
(END) Dow Jones Newswires
December 17, 2015 02:00 ET (07:00 GMT)
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