SIEGY Siemens AG (PK)

LONDON--Petards Group PLC (PEG.LN) said Tuesday it has received an order worth more than 1.5 million pounds ($2.32 million) to supply Siemens mobility division with Petards eyeTrain products.

The AIM-quoted developer of advanced security and surveillance systems said engineering activities will start immediately with the first equipment deliveries expected in the latter part of this year.

It is anticipated that the majority of the equipment will be delivered in 2016 and that the project will be completed during 2017, Petards said.

Shares at 0815 GMT up 1 pence, or 4.12%, at 13 pence valuing the company at GBP4 million.

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

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