PEG Petards Group Plc

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RNS Number : 9960H

Petards Group PLC

19 July 2012

19 July 2012

Petards Group plc ("Petards")

Contract win

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has secured a multi-million pound contract to supply Petards eyeTrain on-board digital CCTV systems.

The order, worth in the region of GBP8m, will be fulfilled and supported from Petards facility in Gateshead. Initial equipment deliveries are expected to commence later this year and to be completed by 2017. The highest proportion of equipment deliveries are scheduled to take place from 2014 onwards.

Commenting on the award, Petards Chairman Tim Wightman said "We are delighted to have been selected for this work and look forward to working with this new customer to bring this project to a successful conclusion."

For further information:

 
 Petards Group plc                  www.petards.com 
 Andy Wonnacott, Finance Director   Tel: 0191 420 3000 
 
 WH Ireland Limited                 www.wh-ireland.co.uk 
 Mike Coe                           Tel: 0117 945 3470 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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