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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 |
LONDON--Petards Group PLC (PEG.LN), an AIM quoted developer of advanced security and surveillance systems, said Thursday it has signed a framework agreement to supply Siemens Sector Infrastructure and Cities, Rail Systems division with Petards train related products and services, worth over 1.5 million pounds ($2.55 million).
The agreement is for an initial five year term, renewable annually thereafter, and covers the world-wide Siemens business, Petards said.
Petards said it has already secured its first order under the agreement, supplying the eyeTrain on-board digital CCTV systems for the new super high-speed Velaro type trains Siemens is building for the Turkish State Railway.
Petards Shares at 1015 GMT up 2 pence, or 18%, at 11 pence valuing the company at GBP4 million.
-Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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