TIDMPEG

RNS Number : 3120F

Petards Group PLC

20 February 2018

20 February 2018

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 awarded GBP1.5 million in contracts from the UK Ministry of Defence ("MOD") for the provision of communications equipment and services in the UK.

Petards has a long established reputation as a supplier of radio communications equipment together with related engineering services to the MOD and the award of these new GBP1.5 million projects cover the delivery of radio equipment and engineering support services, the majority of which are expected to be delivered during the first half of 2018.

Raschid Abdullah, Chairman of Petards Group plc said:

"Petards continues to be very proud of its unbroken 18 year relationship with the MOD in this field. We believe that the consistently high levels of customer service through our enabling agreement, together with our independently audited accreditations and expertise in supporting the MOD has again been recognised through the award of these contracts."

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    www.whirelandcb.com 
  and Joint Broker 
 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 company news service from the London Stock Exchange

END

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February 20, 2018 02:00 ET (07:00 GMT)

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