Block listing six monthly return

23 December 2016

Name of applicant:

Petards Group plc

Name of scheme:

Conversion of Company's convertible loan notes

Period of return:

From: 23 June 2016       To: 23 December 2016

Balance of unallotted securities under scheme(s) from previous return:

6,555,868 ordinary shares of 1p each

Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

595,199 ordinary shares of 1p each

Equals: Balance under scheme(s) not yet issued/allotted at end of period:

5,960,669 ordinary shares of 1p each

Name of contact: Raschid Abdullah

Telephone number of contact: +44 (0) 7768 905 004