Directorate Change-Replace
March 24 2005 - 10:24AM
UK Regulatory
RNS Number:2136K
Petards Group PLC
24 March 2005
The following replaces the Directorate Change announcement released on 24th
March 2005 at 14.17 under RNS number 2082K.
The contact details at the end of the release for the Chief Executive were
incorrectly stated as Geoff Carswell and should have read David Hayes.
All other details remain unchanged, and the full amended text appears below.
For release 24th March 2005
PETARDS GROUP PLC ("PETARDS" OR "THE COMPANY")
APPOINTMENT OF CHIEF EXECUTIVE
Petards, the AIM quoted developer of advanced security systems, announces that
David Hayes has been appointed Chief Executive of the Company with effect from
today. Tim Wightman, Executive Chairman, will revert to the role of
Non-Executive Chairman but will continue to take an active involvement in the
development of the Company.
David joined the Company in March 2004 as Managing Director of the Security &
Surveillance division. During the last twelve months, he has played a major role
in the changes at Petards that the Board believes will lead to the Company's
sustained profitability in the future.
Tim Wightman, Chairman of Petards, said
"David Hayes has brought valuable commercial experience to the Company and
particular expertise to the exploitation of its software capabilities. The Board
is confident that he will continue to make a major impact in this wider role."
Contacts:
Petards Group Plc Binns & Co PR Ltd
Tim Wightman, Chairman Paul McManus
David Hayes, Chief Executive Tel: 020 7153 1485
Tel: 01932 788 288 Mob: 07980 541 893
This information is provided by RNS
The company news service from the London Stock Exchange
END
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