Petards Regulatory News (PEG)

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:ii

Petards Group plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in theacquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

Issue of new shares, reducing percentage held

X

3. Full name of person(s) subject to thenotification obligation:iii

El-Khereiji Financial Company WLL

4. Full name of shareholder(s) (if differentfrom 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached:v

4 April 2017

6. Date on which issuer notified:

14 April 2017

7. Threshold(s) that is/are crossed orreached:vi, vii

8.0%

8. Notified details:

A: Voting rights attached to sharesviii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rightsx

Direct

Directxi

Indirectxii

Direct

Indirect

Ordinary 1p shares

2,871,756

2,871,756

2,871,756

2,871,756

7.9%

GB00B4YL8F73

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdatexiii

Exercise/Conversion Periodxiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration datexvii

Exercise/Conversion periodxviii

Number of voting rights instrument refers to

% of voting rightsxix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,871,756

7.9%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Hassan Tariq

15. Contact telephone number:

+966561207264/+966-13- 832-4441 Ext 254