REG - Petards Group PLC - Exercise of Options
RNS Number : 6527ZPetards Group PLC13 January 2020
13 January 2020
Petards Group plc
("Petards" or "the Company")
Exercise of Share Options
Petards, the AIM quoted developer of advanced security and surveillance systems announces that is has issued 60,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") following the exercise of 60,000 options at 12.25 pence per share by a former employee.
Application has been made for the new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 17 January 2020. The new Ordinary Shares will rank, pari passu, with the existing Ordinary Shares in issue.
Total Voting Rights
Following the issue of the new Ordinary Shares, the Company will have 57,528,229 ordinary shares of 1 pence each in issue. No Ordinary Shares are held in treasury. The figure of 57,528,229 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information:
Petards Group plc
Raschid Abdullah, Chairman
Mb: 07768 905 004
WH Ireland Limited, Nomad and Joint Broker
Mike Coe, Chris Savidge
Tel: 0117 945 3470
Hybridan LLP, Joint Broker
Claire Louise Noyce
Tel: 020 3764 2341
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