Petards Group (PEG)

Sector:

Support

Index:

FTSE AIM All-Share

7.67p
   
  • Change Today:
    -0.083p
  • 52 Week High: 8.55
  • 52 Week Low: 3.40
  • Currency: UK Pounds
  • Shares Issued: 57.53m
  • Volume: 1,631
  • Market Cap: £4.41m
  • RiskGrade: 321

Petards subsidiary secures contract extension with 'key customer'

By Iain Gilbert

Date: Thursday 24 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Security and surveillance systems group Petards said on Thursday that a "key customer" had exercised its existing option to extend an existing contract for the provision of software licences, maintenance and support services.
Petards stated the extension, secured by its RTS Solutions subsidiary, was effective from 23 June and will run until June 2023, with the total value of the contract worth over £500,000 and annual revenues in excess of £250,000.

Under the terms of the contract, the AIM-listed group's subsidiary will continue to provide software licences, maintenance and third-line support in respect of its real-time failure and incident management system that supports the UK's national rail infrastructure.

Chairman Raschid Abdullah said: "We are delighted to have secured this contract extension and that our customer has recognised the expertise and high levels of customer service it has received from RTS over many years.

"This award, together with the three-year renewal of licensing and support agreements for WMS software announced in May, adds to RTS's order book and provides it with a strong core of recurring revenues for the current and following years."

As of 1000 BST, Petards shares were up 0.08% at 12.51p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Petards Group Market Data

Currency UK Pounds
Share Price 7.67p
Change Today -0.083p
% Change -1.08 %
52 Week High 8.55
52 Week Low 3.40
Volume 1,631
Shares Issued 57.53m
Market Cap £4.41m
RiskGrade 321

Petards Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
5.21% above the market average5.21% above the market average5.21% above the market average5.21% above the market average5.21% above the market average
2.97% below the sector average2.97% below the sector average2.97% below the sector average2.97% below the sector average2.97% below the sector average
Income Not Available
Growth
98.58% below the market average98.58% below the market average98.58% below the market average98.58% below the market average98.58% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Petards Group Dividends

No dividends found

Trades for 23-Apr-2024

Time Volume / Share Price
09:37 1,594 @ 7.63p
08:00 37 @ 7.63p

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