REG - Pennant Int. Group - Issue of Equity, Director/PDMR Dealings & TVR
06/04/2022 07:00
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RNS Number : 4470H Pennant International Group PLC 06 April 2022
FOR IMMEDIATE RELEASE
06 April 2022
PENNANT INTERNATIONAL GROUP PLC
Issue of Equity, Director & PDMR Dealings and Total Voting Rights
Pennant International Group plc (AIM:PEN)("Pennant", the "Group" or
"Company"), a leading global provider of training technology and integrated
product support solutions, announces a share issue to satisfy subscriptions
under its employee Share Incentive Plan (the "SIP"), and additional Director
share purchases.
The Company has issued an aggregate of 68,954 new ordinary shares of 5p each
to satisfy subscriptions under the SIP (the "SIP Shares"). The SIP Shares have
been issued at 35p 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 (non-Board
Director of Finance, a PDMR) have each subscribed for 5,142 SIP Shares.
Additionally, the Company has been informed that on 4 April 2022, Philip
Walker and David Clements each purchased a further 7,090 ordinary shares in
the market at a price of 35p per share.
Application for admission to trading on AIM of the 68,954 SIP Shares has been
made and admission of the SIP Shares is expected to take place on or before 11
April 2022.
The SIP Shares will rank pari passu with the existing ordinary shares in
issue. The SIP Shares will represent approximately 0.2% 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
In accordance with the provision of the Disclosure Guidance and Transparency
Rules of the Financial Conduct Authority, the Company confirms that, following
the issue of the SIP Shares, its issued ordinary share capital will comprise
36,709,311 ordinary shares of 5 pence each. All of the ordinary shares have
equal voting rights and none of the ordinary shares are held in Treasury. The
total number of voting rights in the Company will therefore be 36,709,311 on
admission of the SIP Shares. The above figure may be used by shareholders as
the denominator for the calculations to determine if they are required to
notify their interests in, or change to their interest in, the Company.
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
WH Ireland Limited www.whirelandcb.com (http://www.whirelandcb.com)
Mike Coe / Sarah Mather +44 (0) 117 945 3470
Walbrook PR (Financial PR) paul.vann@walbrookpr.com (mailto:paul.vann@walbrookpr.com)
Paul Vann / Tom Cooper +44 (0)20 7933 8780
+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 Purchase of shares under the Employees Share Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Purchase of shares 35p 5,142
d) Aggregated information Purchase of shares
- Aggregated volume 5,142
- Price £1,800
e) Date of the transaction 06 April 2022
f) Place of the transaction London Stock Exchange, AIM
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
c) Price(s) and volume(s)
Price(s) Volume(s)
Purchase of shares 35p 7,090
d) Aggregated information Purchase of shares
- Aggregated volume 7,090
- Price £2,481.50
e) Date of the transaction 04 April 2022
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 shares under the Employees Share Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Purchase of shares 35p 5,142
d) Aggregated information Purchase of shares
- Aggregated volume 5,142
- Price £1,800
e) Date of the transaction 06 April 2022
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
c) Price(s) and volume(s)
Price(s) Volume(s)
Purchase of shares 35p 7,090
d) Aggregated information Purchase of shares
- Aggregated volume 7,090
- Price £2,481.50
e) Date of the transaction 04 April 2022
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 Director of Finance (a PDMR)
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 shares under the Employees Share Incentive Plan.
c) Price(s) and volume(s)
Price(s) Volume(s)
Purchase of shares 35p 5,142
d) Aggregated information Award of shares
- Aggregated volume 5,142
- Price £1,800
e) Date of the transaction 06 April 2022
f) Place of the transaction London Stock Exchange, AIM
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