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PEG Petards Group Plc

7.50
0.00 (0.00%)
Last Updated: 01:00:00
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% 7.50 7.00 8.00 7.50 7.50 7.50 0.00 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 Correction: Director/PDMR Shareholding (8164I)

23/03/2018 3:35pm

UK Regulatory


Petards (LSE:PEG)
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RNS Number : 8164I

Petards Group PLC

23 March 2018

The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 18 December 2017 at 09:30 a.m. under RNS No 6201Z.

The original announcement incorrectly stated that Osman Abdullah converted GBP46,771 of convertible loan notes into 584,637 ordinary shares, when it should have read that he converted GBP89,811 of convertible loan notes into 1,122,637 ordinary shares.

All other details remain unchanged.

23 March 2018

PETARDS GROUP PLC

("Petards" or the "Group")

Director/PDMR Shareholding

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has received notification that Raschid Abdullah, Chairman, and Osman Abdullah, Group Chief Executive, have respectively converted GBP185,436 and GBP46,771 of convertible loan notes into 2,317,950 and 584,637 ordinary shares of 1 pence, each at a price of 8 pence per share.

Following the conversion, Mr Raschid Abdullah is directly interested in 3,476,922 ordinary shares and Mr Osman Abdullah is interested in 2,186,585 ordinary shares.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Raschid Michael Abdullah 
---  -------------------------------------------------------------  -------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                Chairman 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Initial notification/ Amendment                                Initial Notification 
---  -------------------------------------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Petards Group plc 
---  -------------------------------------------------------------  -------------------------------- 
 b)   LEI                                                            213800YPE3U45S6TZT05 
---  -------------------------------------------------------------  -------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
---  ----------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of instrument    Ordinary shares of 1 pence each 
       Identification code 
                                                                      ISIN: GB00B4YL8F73 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Nature of the transactions                                     Conversion of loan notes 
---  -------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                      ---------  --------- 
                                                                       8 pence   2,317,950 
                                                                      ---------  --------- 
---  -------------------------------------------------------------  -------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                        2,317,950 
                                                                       GBP185,436 
 
         *    Price 
---  -------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction                                        15 December 2017 
---  -------------------------------------------------------------  -------------------------------- 
 f)   Place of the transaction                                       London Stock Exchange, AIM 
---  -------------------------------------------------------------  -------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Osman Abdullah 
---  -------------------------------------------------------------  -------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                Group Chief Executive 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Initial notification/ Amendment                                Initial Notification 
---  -------------------------------------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Petards Group plc 
---  -------------------------------------------------------------  -------------------------------- 
 b)   LEI                                                            213800YPE3U45S6TZT05 
---  -------------------------------------------------------------  -------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
---  ----------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of instrument    Ordinary shares of 1 pence each 
       Identification code 
                                                                      ISIN: GB00B4YL8F73 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Nature of the transactions                                     Conversion of loan notes 
---  -------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)   Volume(s) 
                                                                      ---------  --------- 
                                                                       8 pence   1,122,637 
                                                                      ---------  --------- 
---  -------------------------------------------------------------  -------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                        1,122,637 
                                                                       GBP89,810.96 
 
         *    Price 
---  -------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction                                        15 December 2017 
---  -------------------------------------------------------------  -------------------------------- 
 f)   Place of the transaction                                       London Stock Exchange, AIM 
---  -------------------------------------------------------------  -------------------------------- 
 

Contacts:

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

DSHEXLFLVXFLBBK

(END) Dow Jones Newswires

March 23, 2018 11:35 ET (15:35 GMT)

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