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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% | 7.75 | 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 |
TIDMPEG
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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