PETARDS GROUP PLC

Regulatory Filings • Jul 9, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0223U

Petards Group PLC

09 July 2018

PETARDS GROUP PLC

("Petards" or the "Group")

Contract Win

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has been awarded a contract to supply Bombardier Transportation ("Bombardier") with Petards' eyeTrain systems.

The new contract, which is worth £2.8 million, is for the supply of Petards' eyeTrain systems to be fitted to five and ten car BOMBARDIER AVENTRA Electrical Multiple Unit (EMU) trains to be built by Bombardier for supply to South Western Railway. Engineering activities will commence immediately with the first equipment deliveries starting in September 2018 and it is expected that the project will be completed in 2020.

Commenting, Petards Chairman Raschid Abdullah said:  "We are delighted that Petards' eyeTrain CCTV systems continue to be the system of choice for fitment to Bombardier's AVENTRA trains. This new order adds to our already significant installed base and strengthens our position as the leader of on train video and data solutions. Additionally it further bolsters the Group's present order book for delivery in 2018 through to 2020."

Contacts:

Petards Group plc	www.petards.com
Raschid Abdullah, Chairman	Mb:  07768 905 004
WH Ireland Limited, Nomad and Joint Broker	www.whirelandcb.com
Mike Coe / Ed Allsopp	Tel:  0117 945 3470
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  020 3764 2341 claire.noyce@hybridan.com

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 rns@lseg.com or visit www.rns.com.

END

CNTEAEXNEALPEFF