Petards Group PLC Transaction in Own Shares (9654S)
2013年11月14日 - 1:20AM
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RNS Number : 9654S
Petards Group PLC
13 November 2013
13 November 2013
("Petards" or "the Company")
Transaction in Own Shares
Petards, the AIM quoted developer of advanced security and
surveillance systems, announces that it has today sold 3,259,933
ordinary shares in the Company at a price of 18.25 pence per share.
The proceeds of approximately GBP595,000 will be used for improving
the balance sheet. These shares had been held in Treasury and
represent the shares formerly held by Water Hall Group plc in the
Company that the Company acquired as part of its successful offer
to acquire Water Hall earlier in the year.
In accordance with the provisions of the Disclosure and
Transparency Rules of the Financial Conduct Authority, the Company
confirms that, following this issue, its issued share capital will
comprise 21,071,181 Ordinary Shares of 1p each. All of the Ordinary
Shares have equal voting rights. There are no shares held in
Treasury. The total number of voting rights in the Company is
therefore 21,071,181.
This figure may be used by shareholders as the denominator for
the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the
share capital of the Company under the Disclosure and Transparency
Rules.
For further information:
Petards Group plc www.petards.com
Andy Wonnacott, Finance Director Tel: 0191 420 3000
Raschid Abdullah, Chairman Tel: 01483 452333
WH Ireland Limited, Nomad and www.wh-ireland.co.uk
Joint Broker
Mike Coe Tel: 0117 945 3470
Hybridan LLP, Joint Broker
Claire Louise Noyce Tel: 020 7947 4350
claire.noyce@hybridan.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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