Director Shareholding, Issue of Equity
01 July 2010 - 4:00PM
UK Regulatory
TIDMPEG
RNS Number : 5793O
Petards Group PLC
01 July 2010
PETARDS GROUP PLC
(AIM: PEG)
Director Shareholding, Issue of Equity
Petards Group plc ("Petards" or "the Company"), the AIM quoted developer of
advanced security and surveillance systems, announces the issue of 3,577 new
ordinary shares of 1p each ("Ordinary Shares"). These shares have been issued
to Andy Wonnacott (Finance Director) at a price of 1p per Ordinary Share in
accordance with the capital reorganisation circular posted to shareholders on 19
May 2010. As announced on 24 June 2010, the proposed capital reorganisation did
not proceed, however, the Ordinary Shares to Mr Wonnacott had been issued in
preparation.
Mr Wonnacott is now interested in 3,577 Ordinary Shares in the Company
representing approximately 0.0006 per cent. of total shares in issue.
Application for these shares to be admitted to trading on AIM has been made and
is expected to occur on 7 July 2010. The new Ordinary Shares will rank pari
passu with the existing Ordinary Shares in issue.
In accordance with the provisions of the Disclosure and Transparency Rules of
the Financial Services Authority, the Company confirms that, following this
issue, its issued share capital comprises 637,710,000 Ordinary Shares. There are
3,361 share Ordinary Shares held in Treasury. All of the Ordinary Shares have
equal voting rights. The total number of voting rights in the Company is
therefore 637,706,639.
+-----------------------------------+-----------------------------------+
| Contacts: | |
+-----------------------------------+-----------------------------------+
| | |
+-----------------------------------+-----------------------------------+
| Petards Group plc | www.petards.com |
+-----------------------------------+-----------------------------------+
| Andy Wonnacott, Finance Director | +44 (0) 191 420 3000 |
+-----------------------------------+-----------------------------------+
| | |
+-----------------------------------+-----------------------------------+
| WH Ireland Limited | www.wh-ireland.co.uk |
+-----------------------------------+-----------------------------------+
| Mike Coe / Marc Davies | +44 (0) 117 945 3470 |
+-----------------------------------+-----------------------------------+
| | |
+-----------------------------------+-----------------------------------+
| Walbrook PR Limited | www.walbrookpr.com |
+-----------------------------------+-----------------------------------+
| Paul McManus | Tel: +44 (0) 20 7933 8787 |
+-----------------------------------+-----------------------------------+
| paul.mcmanus@walbrookpr.com | Mob: +44 (0) 7980 541 893 |
+-----------------------------------+-----------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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