REG - Pennant Int. Group - Director Dealings

Pennant InternationalAnnouncement

03/02/2025 13:45

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RNS Number : 7013V  Pennant International Group PLC  03 February 2025

 

FOR IMMEDIATE RELEASE
 
3 February 2025

 

PENNANT INTERNATIONAL GROUP PLC

 

Director Dealings

 

Pennant International Group plc (AIM:PEN), the systems support software and
training solutions company, announces that it has been informed of the
following dealings in ordinary shares of 5p each in the capital of the Company
("Ordinary Shares") by Philip Walker (Chief Executive Officer), Darren Wiggins
(Chief Financial Officer) and David Clements (Commercial & Risk Director).

 

 Director        Position                        Number of Ordinary Shares acquired  Price paid per share (p)  Resulting interest in shares  Resulting percentage holding
 Philip Walker   Chief Executive Officer         36,981                              26.90                     177,126                       0.41%
 Darren Wiggins  Chief Financial Officer         33,274                              25.77                     33,274                        0.08%
 David Clements  Commercial & Risk Director      104,639                             26.75                     244,147                       0.56%

 

The table at the end of this announcement provides further information in
accordance with the requirements of the UK Market Abuse Regulation.

 

Enquiries:

 

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

 Zeus (Nomad)                                                           www.zeuscapital.co.uk (http://www.zeuscapital.co.uk/)

 Mike Coe / Darshan Patel / Ed Beddows (Investment Banking)            +44 (0) 203 829 5000

 Cavendish Capital Markets Limited (Broker)                            www.cavendish.com (http://www.cavendish.com/)
 Ben Jeynes / Callum Davidson / George Lawson (Corporate Finance)      +44 (0) 207 220 0500
 Michael Johnson / Dale Bellis / Sunila de Silva (Sales and Corporate
 Broking)

                                                                       pennant@walbrookpr.com (mailto:pennant@walbrookpr.com)

 Walbrook PR (Financial PR)
 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:

•     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
Europe, North America and Asia-Pacific, serving markets with high barriers to
entry often in regulated industries.

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Philip Walker

 2    Reason for the notification

 a)   Position/status                                              Chief Executive Officer

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Pennant International Group plc

 b)   LEI                                                          2138005AIIUYSRP5O254

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 5p each

      Identification code                                          GB0002570660

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)                                       Price  Volume

                                                            26.9p  36,981

 d)   Aggregated information

      Aggregated volume

      Price                                                        36,981

                                                                   £9,947.89
 e)   Date of the transaction                                      3 February 2025

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

Aggregated volume

 

Price

 

 

 

 

 

36,981

 

£9,947.89

e)

 

Date of the transaction

 

3 February 2025

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Darren Wiggins

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Pennant International Group plc

 b)   LEI                                                          2138005AIIUYSRP5O254

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 5p each

      Identification code                                          GB0002570660

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)                                       Price   Volume

                                                            25.77p  33,274

 d)   Aggregated information

      Aggregated volume

      Price                                                        33,274

                                                                   £8,574.71
 e)   Date of the transaction                                      31 January 2025

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

Aggregated volume

 

Price

 

 

 

 

 

33,274

 

£8,574.71

e)

 

Date of the transaction

 

31 January 2025

f)

Place of the transaction

London Stock Exchange, AIM

 

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         David Clements

 2    Reason for the notification

 a)   Position/status                                              Commercial & Risk Director

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Pennant International Group plc

 b)   LEI                                                          2138005AIIUYSRP5O254

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 5p each

      Identification code                                          GB0002570660

 b)   Nature of the transaction                                    Purchase of Ordinary Shares

 c)   Price(s) and volume(s)                                       Price   Volume

                                                            26.75p  104,639

 d)   Aggregated information

      Aggregated volume

      Price                                                        104,639

                                                                   £27,990.93
 e)   Date of the transaction                                      31 January 2025

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

Aggregated volume

 

Price

 

 

 

 

 

104,639

 

£27,990.93

e)

 

Date of the transaction

 

31 January 2025

f)

Place of the transaction

London Stock Exchange, AIM

 

 

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