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PEG Petards Group Plc

7.75
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
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% 7.75 7.50 8.00 7.75 7.75 7.75 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 10.87M 524k 0.0093 8.33 4.38M

Petards Group PLC Contract Win

19/02/2024 7:00am

RNS Regulatory News


RNS Number : 5044D
Petards Group PLC
19 February 2024
 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

19 February 2024

 

 

PETARDS GROUP PLC

 ("Petards" or the "Group")

 

Contract Win

 

 

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that its subsidiary, QRO Solutions (QRO), has been recently awarded an order worth around £0.35 million for one of the UK's largest police forces, adding a new police force to QRO's list of customers.

 

The order is for the supply of QRO's Q-Box Merlin IP in-vehicle ANPR solution with High Definition (HD) DVRs, which the end customer is fitting to a number of vehicles in its fleet. 

 

The Q-Box Merlin IP to be supplied has HD capability for two lanes of ANPR and manages wireless/4G/5G communications for onward transmission of data to the police force back office systems. The DVR option allows for the support of two HD cameras with audio recording and event triggered clips that allow for scenes of interest to be accurately recorded.

 

This order is expected to be fully delivered during 2024.

 

Raschid Abdullah, Chairman of Petards Group plc said:

 

"We are delighted to add this police force to the list of customers who have selected QRO's ANPR solutions, further building upon QRO's position in the UK as a leading supplier of ANPR technologies."

 

"It is very pleasing to see QRO making such a strong start to 2024, with this order following so soon after the recently announced £0.4 million order for its new Harrier AI camera."

 

 

Contacts:

 

 

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 / Sarah Mather

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 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 rns@lseg.com or visit www.rns.com.

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END
 
 
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