Petards Regulatory News (PEG)

27 March 2026

PETARDS GROUP PLC

 ("Petards" or the "Group")

Contract Wins

Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its subsidiary, QRO Solutions (QRO), has been awarded two similarly valued contracts worth a combined £0.5 million.

The first, which is from a new export customer, is for the supply of QRO's ProVida in-car speed enforcement systems for use in vehicles operated by a European national police force. QRO expects to fully deliver the equipment during the first half of 2026, which will be installed in the end-user's fleet by QRO's customer.

The second, is for the supply of Harrier AI ANPR cameras to one of QRO's existing UK law enforcement customers. These cameras will form part of the latest phase of a ANPR programme being undertaken by the end-user for which QRO has previously supplied Harrier AI and other roadside ANPR equipment. The new cameras are for use at several operationally strategic highway locations across England and are scheduled to be delivered before 30 June 2026.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Raschid Abdullah, Chairman of Petards Group plc said:

"We are delighted that QRO has secured these orders, one of which consolidates its position with an important UK customer and the other representing QRO's first significant overseas order since it started investing in dedicated overseas business development resources in 2025.

"From a strategic perspective, this first European export success is particularly pleasing and is a tangible sign that international markets have the potential to provide an additional source of future growth for the business."

Contacts:

Notes to editors:

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.

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, AI driven Harrier AI and Harrier Mini 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/