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PETARDS GROUP PLC — Director's Dealing 2019
Apr 29, 2019
7842_rns_2019-04-29_cb71a6de-6251-4242-ac03-37959c8a1c8a.html
Director's Dealing
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RNS Number : 3087X
Petards Group PLC
29 April 2019
29 April 2019
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 its Remuneration Committee in accordance with the rules of the Company's Enterprise Management Incentive (EMI) Plan and Unapproved Option Plan approved by shareholders in January 2015, has granted options over 75,000 ordinary shares to Grant Harley, a senior employee of the Group.
All the options granted have an exercise price of 23.5 pence, being the closing mid-market share price on 26 April 2019 (the last dealing day 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.
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
Grant Harley
2
Reason for the notification
a)
Position/status
Employee
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
213800YPE3U45S6TZT05
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
ISIN: GB00B4YL8F73
b)
Nature of the transactions
Grant of Options
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 23.5 pence | 75,000 |
d)
Aggregated information
- Aggregated volume
- Price
75,000
£17,625
e)
Date of the transaction
26 April 2019
f)
Place of the transaction
London
For further information:
| Petards Group plc | www.petards.com | |
| Raschid Abdullah, Chairman | Mb: 07768 905 004 | |
| Terry Connolly, Senior Non-Executive Director and Chairman of the Remuneration Committee |
Mb: 07870 933 086 | |
| WH Ireland Limited, Nomad and Joint Broker | www.whirelandcb.com | |
| Mike Coe / Chris Savidge | Tel: 0117 945 3470 | |
| Hybridan LLP, Joint Broker | www.hybridan.com | |
| Claire Louise Noyce | Tel: 0203 764 2341 [email protected] |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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