REG - Petards Group PLC - Director/PDMR Shareholding
RNS Number : 0892PPetards Group PLC23 May 201823 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
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
claire.noyce@hybridan.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHSEFFIDFASEII
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