REG - Pennant Int. Group - Directors’ Dealings

Pennant InternationalAnnouncement

06/08/2024 13:45

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RNS Number : 4116Z  Pennant International Group PLC  06 August 2024

 

 

6 August 2024

PENNANT INTERNATIONAL GROUP PLC

("Pennant", the "Company" or the "Group")

 

 

Directors' Dealings

 

 

Pennant International Group plc (AIM:PEN), the systems support 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 Ian Dighé, Non-Executive Chairman, and Deborah
Wilkinson, Non-Executive Director.

 

On 6 August 2024, Ian Dighé sold 200,000 Ordinary Shares held in his dealing
account at a price of 25p per Ordinary Share and purchased 200,000 Ordinary
Shares into his SIPP at a price of 25p per Ordinary Share. Following this
transaction, Ian Dighé and his spouse's beneficial shareholding remains
unchanged at 360,000 Ordinary Shares, representing 0.83% of the Company's
voting share capital.

 

In addition on 6 August 2024, Deborah Wilkinson, sold 200,000 Ordinary Shares
held in her dealing account at a price of 25p per Ordinary Share and purchased
200,000 Ordinary Shares into her ISA at a price of 25p per Ordinary Share.
Following this transaction, Deborah Wilkinson's beneficial shareholding
remains unchanged at 200,000 Ordinary Shares, representing 0.46% of the
Company's voting share capital.

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 / Sarah Mather (Investment Banking)                          +44 (0) 203 829 5000 (tel:+44%20203%20829%205000)

 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)

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

 Joe Walker                                                            Mob: +44 (0)7971 221 972

 

Notes to editors:

Pennant International Group plc (AIM: PEN) is a technology driven, leading
global provider of system support 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 lines:

•     Systems support: 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.

•     Training solutions: provide hardware, software and virtual
solutions, critical skills training for maintainers and operators of aircraft,
ships and land systems.

•     Technical services: support all Pennant's software and training
solutions including consultancy, support and maintenance, training and bespoke
development.

The Company's full product suite encompasses consultancy, technical
documentation, rail services, training services, and bespoke engineering
solutions.

Pennant is strategically focused on sustainable recurring revenue 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 Indo-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                                                         Ian Dighé

 2    Reason for the notification

 a)   Position/status                                              Non-Executive Chairman

 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                                    Sale and Purchase

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

                                                            Sale      6 August 2024  25p    200,000
                                                                   Purchase  6 August 2024  25p    200,000

 d)   Aggregated information

      Aggregated volume

      ·      Sale

      ·      Purchase                                              200,000

                                                                   200,000

      Price

      ·      Sale

      ·      Purchase                                              £50,000

                                                                   £50,000
 e)   Date of the transaction                                      6 August 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM
  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Deborah Wilkinson

 2    Reason for the notification

 a)   Position/status                                              Non-Executive 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                                    Sale and Purchase

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

                                                            Sale      6 August 2024  25p    200,000
                                                                   Purchase  6 August 2024  25p    200,000

 d)   Aggregated information

      Aggregated volume

      ·      Sale

      ·      Purchase                                              200,000

                                                                   200,000

      Price

      ·      Sale

      ·      Purchase                                              £50,000

                                                                   £50,000
 e)   Date of the transaction                                      6 August 2024

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

Aggregated volume

·      Sale

·      Purchase

 

Price

·      Sale

·      Purchase

 

 

 

 

200,000

200,000

 

 

£50,000

£50,000

e)

 

Date of the transaction

 

6 August 2024

f)

Place of the transaction

London Stock Exchange, AIM

 1

 

Details of the person discharging managerial responsibilities / person closely
associated

 

a)

 

Name

Deborah Wilkinson

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive 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

Sale and Purchase

c)

Price(s) and volume(s)

 

 

 Type      Date           Price  Volume
 Sale      6 August 2024  25p    200,000
 Purchase  6 August 2024  25p    200,000

d)

 

Aggregated information

 

Aggregated volume

·      Sale

·      Purchase

 

Price

·      Sale

·      Purchase

 

 

 

 

200,000

200,000

 

 

£50,000

£50,000

e)

 

Date of the transaction

 

6 August 2024

f)

Place of the transaction

London Stock Exchange, AIM

 

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