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Petards Group PLC (PEG)

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Tuesday 20 February, 2018

Petards Group PLC

Contract win

RNS Number : 3120F
Petards Group PLC
20 February 2018

20 February 2018




 ("Petards" or the "Group")


Contract Win



Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded  £1.5 million in contracts from the UK Ministry of Defence ("MOD") for the provision of communications equipment and services in the UK.


Petards has a long established reputation as a supplier of radio communications equipment together with related engineering services to the MOD and the award of these new £1.5 million projects cover the delivery of radio equipment and engineering support services, the majority of which are expected to be delivered during the first half of 2018.


Raschid Abdullah, Chairman of Petards Group plc said:


"Petards continues to be very proud of its unbroken 18 year relationship with the MOD in this field.  We believe that the consistently high levels of customer service through our enabling agreement, together with our independently audited accreditations and expertise in supporting the MOD has again been recognised through the award of these contracts."


This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.






Petards Group plc


Raschid Abdullah, Chairman

Mb:  07768 905 004



WH Ireland Limited, Nomad and Joint Broker


Mike Coe / Ed Allsopp

Tel:  0117 945 3470



Hybridan LLP, Joint Broker

Claire Louise Noyce


Tel:  020 3764 2341

[email protected]


This information is provided by RNS
The company news service from the London Stock Exchange

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