Block listing Interim Review

Name of applicant:

Petards Group plc

Name of scheme:

Conversions of Company's convertible loan notes

Period of return:

From:

24 December 2016

To:

23 June 2017

Balance of unallotted securities under scheme(s) from previous return:

5,960,669 ordinary shares of 1p each

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

 751,985 ordinary shares of 1p each

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

 5,208,684 ordinary shares of 1p each

Name of contact:

Raschid Abdullah

Telephone number of contact:

+44 (0) 7768 905 004

Petards Group plc

www.petards.com

Raschid Abdullah, Chairman

Mb: 07768 905 004

Tel: 01483 230335

WH Ireland Limited, Nomad and Joint Broker

www.whirelandplc.com

Mike Coe/Ed Allsopp

Tel: 0117 945 3470

Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

Tel: 020 3764 2341

claire.noyce@hybridan.com