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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% | 7.50 | 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 |
TIDMPEG
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
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(END) Dow Jones Newswires
March 23, 2018 11:35 ET (15:35 GMT)
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