Grant of Share Options

Petards Group PLC

09 February 2026

 

9 February 2026

Petards Group plc

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

Grant of Share Options

Petards Group plc (AIM: PEG), the AIM quoted developer of advanced security, communication and surveillance systems, announces the following changes to share options issued under the Company's Enterprise Management Incentive (EMI) and Unapproved Option Plans.

The Board of directors announces the cancellation of EMI options over 575,000 ordinary shares, granted under a scheme that has now lapsed, to Raschid Abdullah and Unapproved options over 575,000 ordinary shares granted to Osman Abdullah, all with exercise prices of 21.5 pence per share and expiry dates of 30 October 2028.  This follows the lapse on 5 January 2026 of EMI options over 755,102 ordinary shares and Unapproved options over 84,898 ordinary shares with exercise prices of 12.25p issued in October 2016 to each of Raschid Abdullah and Osman Abdullah.

Following the above cancellations and after consideration by the Company's Remuneration Committee, the Board, in accordance with the rules of the Company's 2025 Enterprise Management Incentive (EMI) and Unapproved Option Plan, has granted EMI options over a total of 4,000,000 ordinary shares to senior employees of the Group.

Under this award, Raschid Abdullah (Executive Chairman) and Osman Abdullah (Chief Executive Officer) have each been granted EMI options over 1,500,000 ordinary shares and Ben Gillam (Group Financial Controller and Company Secretary) has been granted EMI options over 1,000,000 ordinary shares.

All the options granted have an exercise price of 10.25 pence, being the closing mid-market share price on 5 February 2026 (the last dealing day 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.

Immediately prior to this grant, Raschid Abdullah's interest in the shares of Petards Group plc was 3,676,909 shares, representing 6.06% of the issued share capital (excluding those held in Treasury) and he held no options over its shares.

Immediately prior to this grant, Osman Abdullah's interest in the shares of Petards Group plc was 2,419,948 shares representing 3.99% of the issued share capital (excluding those held in Treasury) and he held no options over its shares.

Following these grants of EMI options, the Company has a total of 4,080,000 share options in issue, which represents 6.7% of the current issued share capital (excluding those held in Treasury).

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	Director
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 Identification code	Ordinary shares of 1 pence each ISIN: GB00B4YL8F73
b)	Nature of the transactions	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 10.25 pence 1,500,000
d)	Aggregated information -     Aggregated volume -     Price	1,500,000 £153,750
e)	Date of the transaction	6 February 2026
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Osman Abdullah
2	Reason for the notification
a)	Position/status	Director
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 Identification code	Ordinary shares of 1 pence each ISIN: GB00B4YL8F73
b)	Nature of the transactions	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 10.25 pence 1,500,000
d)	Aggregated information -     Aggregated volume -     Price	1,500,000 £153,750
e)	Date of the transaction	6 February 2026
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Benjamin Neville Gillam
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 Identification code	Ordinary shares of 1 pence each ISIN: GB00B4YL8F73
b)	Nature of the transactions	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 10.25 pence 1,000,000
d)	Aggregated information -     Aggregated volume -     Price	1,000,000 £102,500
e)	Date of the transaction	6 February 2026
f)	Place of the transaction	London

For further information please contact:

Petards Group plc	www.petards.com
Raschid Abdullah, Chairman	Mb:  07768 905 004
Zeus, Nomad and Joint Broker
Mike Coe / Darshan Patel (Investment Banking)	Tel:  [phone]
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  [phone] [e-mail]

 

END