Petards Group PLC Services Support Agreement (0661O)
27 Mayo 2020 - 3:54AM
UK Regulatory
TIDMPEG
RNS Number : 0661O
Petards Group PLC
27 May 2020
27 May 2020
PETARDS GROUP PLC
("Petards" or the "Group")
Services Support Agreement
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that its subsidiary RTS Solutions
has now been awarded a multi-year contract for the provision of
software support services to one of its major rail infrastructure
customers referred to in its announcement of 24 April 2020.
The contract, which runs until 2024, fulfils RTS's budgeted
order book for the current year while providing strong additional
cover for it in the years over the life of the contract.
Commenting, Petards Chairman Raschid Abdullah said ;
"We are delighted to receive this contract for software support
services within the rail infrastructure and the visibility it
provides for RTS's order book for the current year and beyond."
Certain information contained in this announcement would have
constituted inside information (as defined by Article 7 of
Regulation (EU) No 596/2014) ("MAR") prior to its release as part
of this announcement and is disclosed in accordance with the
Company's obligations under Article 17 of MAR.
Contacts:
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905 004
WH Ireland Limited, Nomad and www.whirelandplc.com
Joint Broker
Mike Coe / Chris Savidge Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 020 3764 2341
claire.noyce@hybridan.com
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contact rns@lseg.com or visit www.rns.com.
END
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