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Pin to quick picksPetards Regulatory News (PEG)

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Contract Win

12 Aug 2025 07:00

RNS Number : 8771U
Petards Group PLC
12 August 2025
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This is a Reach (i.e. non-regulatory) announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance

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12 August 2025

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PETARDS GROUP PLC

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Β ("Petards" or the "Group")

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Contract Win

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Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its subsidiary, QRO Solutions (QRO), has recently won a contract for the support and maintenance of one of its UK police force customer's ANPR camera infrastructure.

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The contract, scheduled to commence in November, is for an initial period of three years with the customer having the option to extend this to a maximum of five years.Β 

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The customer's ANPR camera infrastructure to be maintained and supported includes all its current fixed, re-deployable and in-car ANPR camera systems. The contract also includes a framework element under which the customer is able to purchase additional or replacement ANPR camera systems from QRO during the contract period.

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The value of the full five years support and maintenance is over Β£0.4 million, to which will be added the value of all ANPR systems purchased under the framework element aspect of the contract.

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Raschid Abdullah, Chairman of Petards Group plc said:Β 

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"We are delighted to see QRO being successful in securing this contract award as part of a competitive tender process, demonstrating the quality and value for money its products and services offer to customers."

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Contacts:

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Petards Group plc

www.petards.com

Raschid Abdullah, Chairman

Mb: 07768 905 004

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Zeus Capital Limited, Joint Broker

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Mike Coe / Darshan Patel (Investment Banking)

Tel: 020 3829 5000

Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

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Tel: 020 3764 2341

claire.noyce@hybridan.com

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Notes to editors:

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QRO Solutions (QRO) is expert in providing and supporting critical ANPR and mobile average speed solutions to the enforcement industry. Its customers including leading companies and enforcement organisations across the world, including the Home Office, police forces, local councils and MoD Police.

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QRO's ANPR solutions cover both fixed site and mobile in-vehicle applications and include its in-house developed solutions NASBox ANPR, QBox mobile ANPR, Harrier AI cameras, Provida 4000 speed enforcement and software applications such as QRO ANPR Management Server and its mobile phone VRN alerting application known as Instant Alerting Console (IAC).

https://www.qrosolutions.co.uk/

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This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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END
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NRAEAKPFFSLSEFA
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