REG - Pennant Int. Group - Issue of Equity, Director Dealings & TVR
10/07/2023 10:45
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RNS Number : 5072F Pennant International Group PLC 10 July 2023
10
July 2023
PENNANT INTERNATIONAL GROUP PLC
Issue of Equity, Director Dealings and Total Voting Rights
Pennant International Group plc (AIM:PEN)("Pennant", the "Group" or
"Company"), the IPS software and services company, announces an issue of
shares to satisfy awards under its employee Share Incentive Plan (the "SIP").
The Company has issued an aggregate of 91,991 new ordinary shares of 5p each
to satisfy subscriptions under the SIP (the "SIP Shares"). The SIP Shares have
been issued at 36p per share in accordance with the rules of the SIP, being
the market price at the start of the subscription period.
As participants in the SIP, Philip Walker (Chief Executive Officer), David
Clements (Commercial & Risk Director) and Michael Brinson (Chief Financial
Officer) have each been awarded 7,500 SIP Shares.
Application for admission to trading on AIM of the 91,991 SIP Shares has been
made and admission of the SIP Shares is expected to take place on or before 13
July 2023. The SIP Shares will rank pari passu with the existing ordinary
shares in issue. The SIP Shares will represent approximately 0.25% per cent.
of the Company's enlarged issued share capital on admission. The tables below
provide further details for each PDMR in accordance with the requirements of
the EU Market Abuse Regulation.
Total Voting Rights
Following Admission, the Company's issued share capital will consist of
36,882,438 ordinary shares. No shares are held in treasury. Therefore, the
total number of voting rights in the Company is 36,882,438. Shareholders may
use this figure as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure and Transparency
Rules.
Enquiries:
Pennant International Group plc www.pennantplc.co.uk (http://www.pennantplc.co.uk)
Philip Walker, CEO +44 (0) 1452 714 914
David Clements, Commercial & Risk Director
Michael Brinson, CFO
WH Ireland Limited (Nomad and Broker) https://www.whirelandplc.com/capital-markets
(https://www.whirelandplc.com/capital-markets)
Mike Coe / Sarah Mather (Corporate Finance) +44 (0) 20 7220 1666
Fraser Marshall / George Krokos (Sales)
Walbrook PR (Financial PR) pennant@walbrookpr.com
Paul Vann +44 (0)20 7933 8780
Joe Walker Mob: +44 (0)7768 807631
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 Award of shares under the Employee Share Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Award of shares 36p 7,500
d) Aggregated information Award of shares
- Aggregated volume 7,500
- Price £2,700
e) Date of the transaction 10 July 2023
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 Award of shares under the Employee Share Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Award of shares 36p 7,500
d) Aggregated information Award of shares
- Aggregated volume 7,500
- Price £2,700
e) Date of the transaction 10 July 2023
f) Place of the transaction London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Michael Brinson
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 Award of shares under the Employee Share Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Award of shares 36p 7,500
d) Aggregated information Award of shares
- Aggregated volume 7,500
- Price £2,700
e) Date of the transaction 10 July 2023
f) Place of the transaction London Stock Exchange, AIM
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