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PETARDS GROUP PLC

Regulatory Filings Jul 1, 2021

7842_rns_2021-07-01_22099685-8573-451a-96f0-20b51c838617.html

Regulatory Filings

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National Storage Mechanism | Additional information

RNS Number : 7383D

Petards Group PLC

01 July 2021

01 July 2021.

PETARDS GROUP PLC

("Petards" or the "Group")

Contract Win

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been recently awarded an export contract worth over £0.5 million to supply ProVida systems to a new overseas customer.

The contract, awarded to Petards' subsidiary QRO Solutions (QRO), is for the supply of ProVida in-car speed enforcement systems and associated online training and support.  The equipment is expected to be fully delivered during the second half of 2021 and will be installed by the end user in its fleet of police vehicles.

Raschid Abdullah, Chairman of Petards Group plc said:

"We are delighted that ProVida has been selected for this overseas application for in-car speed detection and enforcement capability and to have added a significant new customer to QRO's customer list, and we look forward to the possibility of working with them on future projects."

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.

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 / Chris Savidge Tel:  0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel:  020 3764 2341

[email protected]

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