Petards Regulatory News (PEG)

7 July 2026

PETARDS GROUP PLC

("Petards" or the "Group")

Rail and Defence Orders

Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that its subsidiary, Petards Joyce-Loebl (PJL), has received orders worth over £0.9 million for its Rail and Defence systems.

In Rail, PJL has received an award of over £0.5 million for eyeTrain systems for customer retrofit to its train fleet. These additional train sets of equipment and related engineering services follow on from orders supplied by PJL in the past which were fitted to other elements of the same fleet.

First deliveries are scheduled to be made later this year and the project is expected to be completed during 2027.

In Defence, PJL has secured an order for £0.4 million from a UK prime defence contractor for the supply of Petards proprietary safety equipment for use in military aerospace applications.

Delivery of this order is scheduled to be completed during 2026.

Commenting on the awards, Petards Chairman Raschid Abdullah said;

"We are delighted to have secured both these contracts which add to Petards order book in support of its revenues for both the current and the next financial years.

"It was particularly pleasing to see another eyeTrain retrofit opportunity come to fruition following the improvement in trading seen at Petards Rail that was reported for 2025."

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.

Contacts:

Notes to editors:

Petards Rail and Petards Defence are divisions of Petards Joyce-Loebl (PJL), an SME based in the North East of England. PJL's principal facility in Gateshead, Tyne and Wear, employs a highly skilled and experienced team of 45 engineers, technicians and support staff, encouraging the maintenance of highly skilled jobs in a traditional manufacturing region.

Petards Rail supports its customers in maximising passenger safety and optimising train and rail service performance levels through its in-house designed technology that includes Automatic Selective Door Operation, Driver Controlled Operation systems, on-train passenger camera monitoring systems, forward and rear facing cameras, track debris cameras, and pantograph surveillance systems.

eyeTrain Connect, Petards back-office software system, provides real-time, accurate analysis of rail vehicles and on-board equipment, including status, usage and condition data on a train-by-train level. It allows train operators to monitor and analyse train status, condition, and positional data in real-time to reduce service delays and the risk and impact of incidents. It enables interrogation of historical data to identify trends, analyse incidents and make informed decisions regarding rail fleet performance.

Petards PTeye solution incorporates the latest in AI-ready technology to help prevent passenger "trap and drag" incidents before train dispatch.

https://petardsrailsolutions.com/

Petards Defence is expert in the development of high quality and reliable defence technology and its lineage in the UK defence sector dates back to the 1950s.

Having supplied and supported many equipment types over its long history, Petards Defence is uniquely placed to provide the critical range of specialist skills required by the defence sector to support the equipment used by the UK's armed forces. It has established a strong reputation for being a responsive, flexible and reliable partner in delivering challenging military programmes. Petards Defence excels in the disciplines of Communications Information Systems, Ruggedised Electronic Control Systems, Integrated Logistic Support and in the provision of Engineering Services to UK MOD and its prime contractors.

https://www.petards.com/our-solutions/defence-services/