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PEG Petards Group Plc

6.75
0.00 (0.00%)
28 Mar 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% 6.75 6.50 7.00 6.75 6.75 6.75 25,143 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 10.87M 524k 0.0093 7.26 3.82M

Petards Group PLC Grant of Options (4909V)

23/07/2018 3:40pm

UK Regulatory


Petards (LSE:PEG)
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From Mar 2019 to Mar 2024

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TIDMPEG

RNS Number : 4909V

Petards Group PLC

23 July 2018

23 July 2018

Petards Group plc

("Petards" or the "Company" or "the Group")

Grant of Share Options

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that its Remuneration Committee in accordance with the rules of the Company's Enterprise Management Incentive (EMI) Plan approved by shareholders in January 2015, has granted options over 120,000 ordinary shares to Tim Coker, a senior employee of the Group.

All the options granted have an exercise price of 24.50p, being the closing mid-market share price on 20 July 2018 (the latest possible date prior to the date of grant), vest three years from the date of grant and once vested are exercisable at any time up to ten years after the date of grant.

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                                                          Tim Coker 
     ------------------------------------------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Employee 
     ------------------------------------------------------------  ------------------------------------------------ 
 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                                    Grant of Options 
     ------------------------------------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)                                                     Price(s)                Volume(s) 
                                                                                 24.5 pence                120,000 
                                                                                              --------------------- 
     ------------------------------------------------------------  ------------------------------------------------ 
 d)    Aggregated information 
         *    Aggregated volume                                       120,000 
                                                                      GBP29,400 
 
         *    Price 
     ------------------------------------------------------------  ------------------------------------------------ 
 e)   Date of the transaction                                       23 July 2018 
     ------------------------------------------------------------  ------------------------------------------------ 
 f)   Place of the transaction                                      London 
     ------------------------------------------------------------  ------------------------------------------------ 
 

For further information:

 
 Petards Group plc                      www.petards.com 
 Raschid Abdullah, Chairman             Mb: 07768 905 004 
 Terry Connolly, Senior Non-Executive   Mb: 07870 933 086 
  Director 
  and Chairman of the Remuneration 
  Committee 
 
 WH Ireland Limited, Nomad and          www.whirelandcb.com 
  Joint Broker 
 Mike Coe / Ed Allsopp                  Tel: 0117 945 3470 
 
 Hybridan LLP, Joint Broker             www.hybridan.com 
 Claire Louise Noyce                    Tel: 0203 764 2341 
                                         claire.noyce@hybridan.com 
 

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

DSHSEAFLDFASEDW

(END) Dow Jones Newswires

July 23, 2018 10:40 ET (14:40 GMT)

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