Grant of share options

18 Jan 2006 17:15

Petards Group PLC18 January 2006 Petards Group plc ("Petards" or "the Company") Grant of share options The Company announces that the following grants of options over new ordinaryshares in the Company were made on 17 January 2006 to the directors of Petardslisted below. 1. Grants made under the Petards Group plc Enterprise Management Incentive Plan: Name Number of options Exercise Exercise period price Bill Conn 1,523,115 1p 17.01.2009 - 16.01.2016Andy Wonnacott 1,984,665 1p 17.01.2009 - 16.01.2016 2. Grants made under the Petards 2001 Unapproved Share Option Plan: Name Number of options Exercise Exercise period price David Hayes 2,798,730 1p 17.01.2009 - 16.01.2016 The exercise of all of the options granted is subject to the satisfaction ofperformance criteria. 18 January 2006 END This information is provided by RNS The company news service from the London Stock Exchange