Petards

Director / PDMR Shareholding

30 March 2017

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has received notification that Raschid Abdullah, Chairman, has converted £7,543 of the outstanding convertible loan notes into 94,287 ordinary shares of 1 pence each at a price of 8 pence per share.|

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

Director/PDMR Shareholding

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has received notification that Raschid Abdullah, Chairman, has converted £7,543 of the outstanding convertible loan notes into 94,287 ordinary shares of 1 pence each at a price of 8 pence per share.

Following the conversion, Mr Abdullah is directly interested in 1,300,405 ordinary shares.

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 1p each


ISIN: GB00B4YL8F73
b) Nature of the transaction
Conversion of loan notes
c) Price(s) and volume(s)
Price(s) Volume(s)
8 pence 94,287
d) Aggregated information

- Aggregated volume

- Price


94,287

£7,543
e) Date of the transaction
28 March 2017

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