Exercise of Options and Director/PDMR Shareholding Correction

16 May 2017

The following amendment has been made to the 'Exercise of options and Director/PDMR Shareholding' announcement released on 11 May 2017 at 07:01 a.m. under RNS No. 7918E.|

The following amendment has been made to the 'Exercise of options and Director/PDMR Shareholding' announcement released on 11 May 2017 at 07:01 a.m. under RNS No. 7918E.

The original announcement incorrectly stated that the Company's issues share capital is 36,258,262 ordinary shares when it should have read 36,570,762 ordinary shares. There are no other material changes.

The full amended text is shown below.

Petards Group plc
("Petards", “the Group”)

Exercise of Options
Director/PDMR Shareholding

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has issued and allotted 312,500 ordinary shares of 1 pence each ("Ordinary Shares") pursuant to the exercise of share options by Raschid Abdullah, Chairman.

Following the exercise and issue, Mr Abdullah is directly interested in 1,471,472 ordinary shares.

Application has been made for the 312,500 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on or about 8.00 a.m. on 12 May 2017 ("Admission").

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following this transaction its issued share capital will consist of 36,570,762 Ordinary Shares of 1 pence each of which none are held in Treasury. Therefore, the total number of voting rights in the Company is 36,570,762. Shareholders may use these figure 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 FSA's Disclosure and Transparency Rules.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

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 Raschid Abdullah
2 Reason for the notification
a) Position/status Chairman
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 N/A
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

b) Nature of the transaction
Exercise of options
c) Price(s) and volume(s)
Price(s) Volume(s)
8 pence
(exercise price)
d) Aggregated information

- Aggregated volume

- Price


e) Date of the transaction
10 May 2017
f) Place of the transaction

 Download RNS Announcement

The information contained in this part of our website is being disclosed in accordance with Rule 26 of the AIM Rules.