PETARDS GROUP PLC

Remuneration Information • Jul 23, 2018

National Storage Mechanism | Additional information

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RNS Number : 4909V

Petards Group PLC

23 July 2018

23 July 2018

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 approved by shareholders in January 2015, has granted options over 120,000 ordinary shares to Tim Coker, a senior employee of the Group.

All the options granted have an exercise price of 24.50p, being the closing mid-market share price on 20 July 2018 (the latest possible date 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

Tim Coker

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)
24.5 pence	120,000

d)

Aggregated information

-     Aggregated volume

-     Price

120,000

£29,400

e)

Date of the transaction

23 July 2018

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 / Ed Allsopp	Tel:  0117 945 3470
Hybridan LLP, Joint Broker	www.hybridan.com
Claire Louise Noyce	Tel:  0203 764 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.

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