Petards Group PLC Correction: Director/PDMR Shareholding (8164I)
23 Marzo 2018 - 9:35AM
UK Regulatory
TIDMPEG
RNS Number : 8164I
Petards Group PLC
23 March 2018
The following amendment has been made to the 'Director/PDMR
Shareholding' announcement released on 18 December 2017 at 09:30
a.m. under RNS No 6201Z.
The original announcement incorrectly stated that Osman Abdullah
converted GBP46,771 of convertible loan notes into 584,637 ordinary
shares, when it should have read that he converted GBP89,811 of
convertible loan notes into 1,122,637 ordinary shares.
All other details remain unchanged.
23 March 2018
PETARDS GROUP PLC
("Petards" or the "Group")
Director/PDMR Shareholding
Petards, the AIM quoted software developer of advanced security
and surveillance systems, announces that it has received
notification that Raschid Abdullah, Chairman, and Osman Abdullah,
Group Chief Executive, have respectively converted GBP185,436 and
GBP46,771 of convertible loan notes into 2,317,950 and 584,637
ordinary shares of 1 pence, each at a price of 8 pence per
share.
Following the conversion, Mr Raschid Abdullah is directly
interested in 3,476,922 ordinary shares and Mr Osman Abdullah is
interested in 2,186,585 ordinary shares.
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
The information below, set out in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------
a) Name Raschid Michael Abdullah
--- ------------------------------------------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------
a) Position/status Chairman
--- ------------------------------------------------------------- --------------------------------
b) Initial notification/ Amendment Initial Notification
--- ------------------------------------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------
a) Name Petards Group plc
--- ------------------------------------------------------------- --------------------------------
b) LEI 213800YPE3U45S6TZT05
--- ------------------------------------------------------------- --------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
--- -----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary shares of 1 pence each
Identification code
ISIN: GB00B4YL8F73
--- ------------------------------------------------------------- --------------------------------
b) Nature of the transactions Conversion of loan notes
--- ------------------------------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ---------
8 pence 2,317,950
--------- ---------
--- ------------------------------------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 2,317,950
GBP185,436
* Price
--- ------------------------------------------------------------- --------------------------------
e) Date of the transaction 15 December 2017
--- ------------------------------------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------
a) Name Osman Abdullah
--- ------------------------------------------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------
a) Position/status Group Chief Executive
--- ------------------------------------------------------------- --------------------------------
b) Initial notification/ Amendment Initial Notification
--- ------------------------------------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------
a) Name Petards Group plc
--- ------------------------------------------------------------- --------------------------------
b) LEI 213800YPE3U45S6TZT05
--- ------------------------------------------------------------- --------------------------------
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
--- -----------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of instrument Ordinary shares of 1 pence each
Identification code
ISIN: GB00B4YL8F73
--- ------------------------------------------------------------- --------------------------------
b) Nature of the transactions Conversion of loan notes
--- ------------------------------------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ---------
8 pence 1,122,637
--------- ---------
--- ------------------------------------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 1,122,637
GBP89,810.96
* Price
--- ------------------------------------------------------------- --------------------------------
e) Date of the transaction 15 December 2017
--- ------------------------------------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------------------------------------------- --------------------------------
Contacts:
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905 004
WH Ireland Limited, Nomad www.whirelandcb.com
and Joint Broker
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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