Last checked at 26 Jul 2017 07:00
26 July 2017
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 following a meeting of its Remuneration Committee on 25 July 2017 and in accordance with the rules of its Enterprise Management Incentive (EMI) and Unapproved Option Plan approved by shareholders in January 2015, it has granted options over 80,000 ordinary shares to a senior employee of the Group.
All the options granted have an exercise price of 29p, being the closing mid-market share price on 25 July 2017 (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.
For further information:
Petards Group plc | www.petards.com |
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Raschid Abdullah, Chairman | Mb: 07768 905 004 |
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Terry Connolly, Senior Non-Executive Director and Chairman of the Remuneration Committee | Mb: 07870 933 086 |
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WH Ireland Limited, Nomad and Joint Broker | www.whirelandcb.com |
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Mike Coe / Ed Allsopp | Tel: 0117 945 3470 |
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Hybridan LLP, Joint Broker | www.hybridan.com | |
Claire Louise Noyce
| Tel: 0203 764 2341 claire.noyce@hybridan.com | |