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PEG Petards Group Plc

7.75
0.00 (0.00%)
26 Apr 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% 7.75 7.50 8.00 7.75 7.75 7.75 5,000 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 (1112L)

04/09/2019 7:00am

UK Regulatory


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RNS Number : 1112L

Petards Group PLC

04 September 2019

4 September 2019

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 GBP1.1 million contract by a major UK defence systems contractor to provide Electronic Countermeasures equipment for use on a UK Ministry of Defence ("MOD") programme.

The contract is for the manufacture and supply of equipment that will form part of an integrated Defensive Aids Suite on military aircraft. Most of the equipment is expected to be delivered in the second half of 2020.

Commenting, Raschid Abdullah, Petards Chairman said: "We are delighted to have been reselected for the next phase of this electronic countermeasures project which will serve to protect aircraft and the lives of the Service Personnel that fly in them. The Company has been supplying and servicing such systems for many years and we believe that this is indicative of the value that our customer places on our expertise in this specialist field".

Contacts:

 
 Petards Group plc               www.petards.com 
 Raschid Abdullah, Chairman      Mb: 07768 905 004 
 
 
 WH Ireland Limited, Nomad and   www.whirelandplc.com 
  Joint Broker 
 Mike Coe / Chris Savidge        Tel: 0117 945 3470 
 
 Hybridan LLP, Joint Broker      www.hybridan.com 
 Claire Louise Noyce             Tel: 020 3764 2341 
                                  claire.noyce@hybridan.com 
 

END

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

CNTEAKNDELFNEFF

(END) Dow Jones Newswires

September 04, 2019 02:00 ET (06:00 GMT)

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