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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 25 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

Transaction in Own Shares (6043Q)

21/10/2011 9:25am

UK Regulatory


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RNS Number : 6043Q

Petards Group PLC

21 October 2011

PETARDS GROUP PLC

(AIM: PEG)

Sale of fractional entitlements

Petards Group plc ("Petards" or "the Company"), the AIM quoted developer of advanced security and surveillance systems, announces that on 20 October 2011 it sold 116,000 of its own shares at a price of 21.5 pence per share. These shares represent the fractional entitlements that arose as a result of the capital reorganisation completed in July 2011.

The proceeds from the sale of the fractional entitlements shall be distributed pro rata amongst the relevant shareholders save that where a shareholder is entitled to an amount which is less than GBP3 it will (in accordance with the Articles) not be distributed to such shareholder but will be retained by the Company for its benefit.

Payments to the shareholders due fractional entitlements are expected to be despatched on or about 31 October 2011.

 
 Contacts: 
 
 Petards Group plc                        www.petards.com 
 Andy Wonnacott, Finance Director    +44 (0) 191 420 3000 
 
 WH Ireland Limited                  www.wh-ireland.co.uk 
 Mike Coe / Marc Davies              +44 (0) 117 945 3470 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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