This is a Reach (i.e. non-regulatory) announcement and the information contained is not considered to be material or to have a significant impact on management's expectations of the Company's performance

24 August 2026

PETARDS GROUP PLC ("Petards" or the "Group")

Rail Orders

Petards, the AIM quoted developer of advanced security, communication and surveillance systems, announces that the Rail business of its subsidiary, Petards Joyce-Loebl (PJL), has received orders worth £0.7 million.

The orders, from a global train builder, include the provision of equipment, engineering services, and a three year SaaS contract to provide Petards eyeBoS on a further train fleet.

The equipment is expected to be fully delivered during the second half of 2026, with first revenues for both the engineering services and eyeBoS also being made in that period.  The engineering services are scheduled to be completed during 2027.

Commenting on the awards, Petards Chairman Raschid Abdullah said;

"We are pleased to have been awarded this business from one of our long standing customers, adding to the Group's order book for both the current and future years, and supporting the improvement in trading currently being experienced by Petards' Rail.

"It was particularly pleasing to have added another train fleet to those already benefitting from operating Petards eyeBoS back office software."

Contacts:

Notes to editors:

Petards Rail is a division of Petards Joyce-Loebl (PJL), an SME based in the North East of England. PJL's principal facility in Gateshead, Tyne and Wear, employs a highly skilled and experienced team of 45 engineers, technicians and support staff, encouraging the maintenance of highly skilled jobs in a traditional manufacturing region.

Petards Rail supports its customers in maximising passenger safety and optimising train and rail service performance levels through its in-house designed technology that includes Automatic Selective Door Operation, Driver Controlled Operation systems, on-train passenger camera monitoring systems, forward and rear facing cameras, track debris cameras, and pantograph surveillance systems.

eyeBoS and eyeTrain Connect, are Petards back-office software systems, provides real-time, accurate analysis of rail vehicles and on-board equipment, including status, usage and condition data on a train-by-train level. It allows train operators to monitor and analyse train status, condition, and positional data in real-time to reduce service delays and the risk and impact of incidents. It enables interrogation of historical data to identify trends, analyse incidents and make informed decisions regarding rail fleet performance.

Petards PTeye solution incorporates the latest in AI-ready technology to help prevent passenger "trap and drag" incidents before train dispatch.

https://petardsrailsolutions.com/