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Petards Group PLC (PEG)

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Wednesday 23 May, 2018

Petards Group PLC

Director/PDMR Shareholding

RNS Number : 0892P
Petards Group PLC
23 May 2018
 

23 May 2018

PETARDS GROUP PLC

("Petards" or the "Group")

 

Director/PDMR Shareholding

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has received notification that Adcel Limited, an entity controlled by Paul Negus, director, has sold 75,000 ordinary shares.  Following the sale, Mr Negus is directly interested in 625,000 ordinary shares representing 1.11 per cent. of the company's issued share capital.

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

Adcel Limited, an entity controlled by Paul Negus

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

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

26.00 pence

25.00 pence

50,000

25,000

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

75,000

£19,250

e)

Dates of the transactions

18 & 22 May 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

Contacts:

 

 

Petards Group plc

www.petards.com

Raschid Abdullah, Chairman

Mb:  07768 905 004



WH Ireland Limited, Nomad and Joint Broker

www.whirelandcb.com

Mike Coe / Ed Allsopp

Tel:  0117 945 3470



Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

 

Tel:  020 3764 2341

[email protected]

 


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