Petards Group PLC Grant of Share Options (0768M)
July 26 2017 - 2:00AM
UK Regulatory
TIDMPEG
RNS Number : 0768M
Petards Group PLC
26 July 2017
26 July 2017
Petards Group plc
("Petards" or the "Company" or "the Group")
Grant of Share Options
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that following a meeting of its
Remuneration Committee on 25 July 2017 and in accordance with the
rules of its Enterprise Management Incentive (EMI) and Unapproved
Option Plan approved by shareholders in January 2015, it has
granted options over 80,000 ordinary shares to a senior employee of
the Group.
All the options granted have an exercise price of 29p, being the
closing mid-market share price on 25 July 2017 (the latest possible
date prior to the date of grant), vest three years from the date of
grant and once vested are exercisable at any time up to ten years
after the date of grant.
For further information:
Petards Group plc www.petards.com
Raschid Abdullah, Chairman Mb: 07768 905 004
Terry Connolly, Senior Non-Executive Mb: 07870 933 086
Director
and Chairman of the Remuneration
Committee
WH Ireland Limited, Nomad and www.whirelandcb.com
Joint Broker
Mike Coe / Ed Allsopp Tel: 0117 945 3470
Hybridan LLP, Joint Broker www.hybridan.com
Claire Louise Noyce Tel: 0203 764 2341
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
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