Source - LSE Regulatory
RNS Number : 7383D
Petards Group PLC
01 July 2021
 

01 July 2021.  

 

 

PETARDS GROUP PLC

 ("Petards" or the "Group")

 

Contract Win

 

 

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been recently awarded an export contract worth over £0.5 million to supply ProVida systems to a new overseas customer.

 

The contract, awarded to Petards' subsidiary QRO Solutions (QRO), is for the supply of ProVida in-car speed enforcement systems and associated online training and support.  The equipment is expected to be fully delivered during the second half of 2021 and will be installed by the end user in its fleet of police vehicles.

 

Raschid Abdullah, Chairman of Petards Group plc said:

 

"We are delighted that ProVida has been selected for this overseas application for in-car speed detection and enforcement capability and to have added a significant new customer to QRO's customer list, and we look forward to the possibility of working with them on future projects."

 

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.

 

 

Contacts:

 

 

Petards Group plc

www.petards.com

 

Raschid Abdullah, Chairman

Mb:  07768 905 004

 



 

WH Ireland Limited, Nomad and Joint Broker

www.whirelandcb.com

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTDKKBPABKDDAN
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.