REG - Petards Group PLC - Director Appointment

PetardsAnnouncement

01/02/2023 07:00

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RNS Number : 4737O  Petards Group PLC  01 February 2023

 

FOR IMMEDIATE RELEASE
 
           1 February 2023

 

 

Petards Group Plc

("Petards" or the "Group")

 

Director Appointment

 

Petards, the AIM quoted developer of advanced security and surveillance
systems, is pleased to announce the appointment of John Wakefield, as an
independent Non-Executive Director with immediate effect.

 

John is an experienced quoted company director and corporate adviser. He is
currently non-executive chairman of Baron Oil Plc and a non-executive
directive of Drumz Plc both of which are listed on AIM and he has previously
worked at several nominated adviser firms. He qualified as a solicitor with
McKenna & Co (now CMS) before moving into corporate finance, first with
Williams de Broe Limited and then at Rowan Dartington & Co. Limited, where
he was a founder director and shareholder and head of corporate finance. He
was a corporate finance director of WH Ireland Limited from 2009 until 2016.

 

He has been a member of the AIM Advisory Group, chairman of the London Stock
Exchange Regional Advisory Group for the South West and chairman of South West
Angel and Investor Network Limited (SWAIN) from 2008 until 2016.

 

John will assume the role of Chair of the Nominations Committee and will also
be a member of both the Audit and Remuneration Committees.

Raschid Abdullah, Chairman of Petards commented:

"We are delighted to have John join the Board. He brings a wealth of public
company and corporate finance experience to the Company as well as an
understanding of growth businesses and M&A which will benefit the board in
the pursuit of its strategic corporate objectives. The board looks forward to
working with John at an exciting time as we develop the business"

John Wakefield added:

"I have a long history and a passion for working with, and providing corporate
and M&A counsel to, quality, growth companies and their boards and am very
much looking forward to working with the team at Petards."

The following information is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with
the appointment of John Nigel Wakefield, aged 68, to the Board of the Company:

 Current directorships/ partnerships  Past directorships/ partnerships held within the last five years
 Baron Oil Plc                        Brinsea Products Ltd
 Drumz Plc                            Ovation Finance Ltd
                                      The Eternal Business Consultancy Ltd

 

There are no other matters under paragraph (g) of Schedule 2 of the AIM Rules
to be disclosed.

 

 

Contacts:

 Petards Group plc                           www.petards.com (http://www.petards.com/)
 Raschid Abdullah, Chairman                  Mb:  07768 905 004

 WH Ireland Limited, Nomad and Joint Broker  www.whirelandplc.com/capital-markets
                                             (http://www.whirelandplc.com/capital-markets)
 Mike Coe / Sarah Mather                     Tel:  020 7220 1666

 Hybridan LLP, Joint Broker                  www.hybridan.com (http://www.hybridan.com/)
 Claire Louise Noyce                         Tel:  020 3764 2341

 

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