Petards Group PLC Grant of Share Options (0768M)

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RNS Number : 0768M

Petards Group PLC

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                      www.petards.com 
 Raschid Abdullah, Chairman             Mb: 07768 905 004 
 Terry Connolly, Senior Non-Executive   Mb: 07870 933 086 
  Director 
  and Chairman of the Remuneration 
  Committee 
 
 WH Ireland Limited, Nomad and          www.whirelandcb.com 
  Joint Broker 
 Mike Coe / Ed Allsopp                  Tel: 0117 945 3470 
 
 Hybridan LLP, Joint Broker             www.hybridan.com 
 Claire Louise Noyce                    Tel: 0203 764 2341 
                                         claire.noyce@hybridan.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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