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PEG Petards Group Plc

7.50
0.00 (0.00%)
16 Jul 2024 - Closed
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% 7.50 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

Petards Group PLC Contract win (0223U)

09/07/2018 11:30am

UK Regulatory


Petards (LSE:PEG)
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RNS Number : 0223U

Petards Group PLC

09 July 2018

PETARDS GROUP PLC

("Petards" or the "Group")

Contract Win

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Bombardier Transportation ("Bombardier") with Petards' eyeTrain systems.

The new contract, which is worth GBP2.8 million, is for the supply of Petards' eyeTrain systems to be fitted to five and ten car BOMBARDIER AVENTRA Electrical Multiple Unit (EMU) trains to be built by Bombardier for supply to South Western Railway. Engineering activities will commence immediately with the first equipment deliveries starting in September 2018 and it is expected that the project will be completed in 2020.

Commenting, Petards Chairman Raschid Abdullah said: "We are delighted that Petards' eyeTrain CCTV systems continue to be the system of choice for fitment to Bombardier's AVENTRA trains. This new order adds to our already significant installed base and strengthens our position as the leader of on train video and data solutions. Additionally it further bolsters the Group's present order book for delivery in 2018 through to 2020."

Contacts:

 
 Petards Group plc               www.petards.com 
 Raschid Abdullah, Chairman      Mb: 07768 905 004 
 
 
 WH Ireland Limited, Nomad and   www.whirelandcb.com 
  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 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.

END

CNTEAEXNEALPEFF

(END) Dow Jones Newswires

July 09, 2018 06:30 ET (10:30 GMT)

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