REG - Pennant Int. Group - Change of Adviser

Pennant InternationalAnnouncement

14/08/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250814:nRSN2448Va&default-theme=true

RNS Number : 2448V  Pennant International Group PLC  14 August 2025

FOR IMMEDIATE RELEASE
                                    14
August 2025

 

 

PENNANT INTERNATIONAL GROUP PLC

("Pennant", the "Company" and together with its subsidiaries the "Group")

 

Appointment of Nominated Adviser and Sole Broker

 

Pennant International Group plc (AIM:PEN), the systems support software and
training solutions company, is pleased to announce the appointment of
Cavendish Capital Markets Limited as the Company's Nominated Adviser and Sole
Broker with immediate effect.

 

 

Enquiries:

 

 Pennant International Group plc                  www.pennantplc.com (http://www.pennantplc.com)
 David Clements, Company Secretary                +44 (0) 1452 714 914

 Cavendish (Nominated Adviser and Sole Broker)    www.cavendish.com (http://www.cavendish.com)
 Ben Jeynes / Callum Davidson / George Lawson     +44 (0) 207 220 0500

 (Corporate Finance)
 Michael Johnson / Dale Bellis / Sunila de Silva

 (Sales and Corporate Broking)

 Walbrook PR (Financial PR)                       pennant@walbrookpr.com (mailto:pennant@walbrookpr.com)
 Tom Cooper                                       +44 (0)20 7933 8780

 Joe Walker                                       Mob: +44 (0)7407 020 470

 

 

Notes to editors:

 

Pennant International Group plc (AIM: PEN) is a technology driven, leading
global provider of system support software and services, technical services,
and training solutions. It supports its global customer base in the design,
development, operation, maintenance, and training of complex assets, to
maximise operational and maintenance efficiency.

 

Its key markets include Aerospace, Defence and Rail, and adjacent
safety-critical markets such as Shipping, Nuclear and Space.

 

 The Group addresses the market through three key business segments:

 

•              Auxilium software: a key generator of recurring
revenues through the provision of a suite of software tools designed to help
clients: manage and use complex data; ensure equipment availability at optimal
cost; and comply with industry standards.  Its Integrated Product Support
(IPS) and Integrated Logistics Support (ILS) software and services equips
customers with powerful market-leading toolsets to manage, model and utilise
complex equipment data.

 

•              Technical Services: drives repeatable revenues
through expert support for users of Pennant and third-party solutions
including consultancy, support and maintenance, training and bespoke
development.

 

•              Training Systems: project-based revenues relating
to the design and build of hardware, software and virtual training solutions
for maintainers and operators of aircraft, ships and land systems.

 

Pennant is strategically focused on sustainable recurring and repeatable
revenues and profitability growth, shifting its model towards high margin
software and services. Against a climate of rising defence budgets and the
burgeoning technological complexity of military, aviation and rail platforms,
the demand for these solutions is expected to grow substantially.

 

Headquartered in Cheltenham, UK, the Group operates worldwide, with offices in
the UK, North America and Asia-Pacific, serving markets with high barriers to
entry often in regulated industries.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  APPQXLFFEVLLBBX