Petards Group PLC Director/PDMR Shareholding (5992F)

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RNS Number : 5992F

Petards Group PLC

18 May 2017

18 May 2017

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, has sold 50,000 ordinary shares at a price of 38 pence each. Following the sale, Mr Abdullah is directly interested in 1,281,472 ordinary shares.

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 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                                                            213 800 YPE 3U4 5S6 TZT 05 
---  -------------------------------------------------------------  -------------------------------- 
 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                                     Sale of ordinary shares 
---  -------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                                          Price(s)    Volume(s) 
                                                                      ----------  ---------- 
                                                                       38 pence    50,000 
                                                                      ----------  ---------- 
---  -------------------------------------------------------------  -------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                        50,000 
                                                                       GBP19,000 
 
         *    Price 
---  -------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction                                        17 May 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.whirelandplc.com 
  and Joint Broker 
 Mike Coe / Ed Allsopp                Tel: [phone] 
 
 Hybridan LLP, Joint Broker             www.hybridan.com 
 Claire Louise Noyce                  Tel: [phone] 
                               [e-mail] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 18, 2017 12:08 ET (16:08 GMT)