Update re. 2004 Group Account
November 25 2005 - 2:01AM
UK Regulatory
RNS Number:6584U
Petards Group PLC
25 November 2005
Petards Group plc ("Petards" or "the Company")
Update re. 2004 Group Accounts
Further to the statement made by the Company on 7 October 2005, the Board of
Petards, the AIM quoted developer of advanced surveillance systems, has the
following update regarding the review into accounting discrepancies discovered
at one of its subsidiaries, Joyce-Loebl Ltd, that led to its decision to
withdraw the Group accounts for year ended 31 December 2004.
The review has been completed and the Board expects to announce both the
restated results of the Company for the year ended 31 December 2004 and the
interim results for the six months ended 30 June 2005, on 7 December 2005.
Further, the Board expects to publish the restated 2004 Report & Accounts on 12
December 2005 and, following confirmation of such publication to AIM, the Board
expects that trading in the Company's shares will re-commence on 13 December
2005.
For further information:
Petards Group plc Binns & Co PR Ltd
Andy Wonnacott, Finance Director Paul McManus
Tel: 01932 788 288 Tel: 020 7153 1485
Mob: 07980 541 893
This information is provided by RNS
The company news service from the London Stock Exchange
END
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