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Petards Group PLC (PEG)

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Wednesday 26 July, 2017

Petards Group PLC

Grant of Share Options

RNS Number : 0768M
Petards Group PLC
26 July 2017

26 July 2017


Petards Group plc

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


Grant of Share Options


Petards, the AIM quoted developer of advanced security and surveillance systems, announces that following a meeting of its Remuneration Committee on 25 July 2017 and in accordance with the rules of its Enterprise Management Incentive (EMI) and Unapproved Option Plan approved by shareholders in January 2015, it has granted options over 80,000 ordinary shares to a senior employee of the Group.


All the options granted have an exercise price of 29p, being the closing mid-market share price on 25 July 2017 (the latest possible date 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.



For further information:


Petards Group plc


Raschid Abdullah, Chairman

Mb:  07768 905 004


Terry Connolly, Senior Non-Executive Director

and Chairman of the Remuneration Committee

Mb:  07870 933 086





WH Ireland Limited, Nomad and Joint Broker


Mike Coe / Ed Allsopp

Tel:  0117 945 3470





Hybridan LLP, Joint Broker

Claire Louise Noyce


Tel:  0203 764 2341

[email protected]


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

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