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REG - Pennant Int. Group - Notice of Results and Appointment of Board Adviser

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RNS Number : 9046L  Pennant International Group PLC  24 April 2024

 

FOR IMMEDIATE RELEASE
 
           24 April 2024

 

PENNANT INTERNATIONAL GROUP PLC

 

Notice of Results and Appointment of Board Adviser

 

Pennant International Group plc (AIM:PEN) (the "Company", the "Group"), the
IPS software and services company, provides the following update.

 

The audit of the Company's financial year ended 31 December 2023 ("FY23") is
progressing well, and the Company now expects to publish its FY23 results in
early June 2024.

 

As indicated in the trading update on 7 February 2024, the Company continues
to anticipate that its results for FY23 will be in line with market
expectations.

 

Appointment of Board Adviser

 

The Company is delighted to announce the appointment of Rakesh Sharma as an
advisor to the Board. Mr Sharma, is a former FTSE 250 CEO with over 30 years'
experience in running international hi-tech engineering and manufacturing
businesses.

 

He was instrumental in the growth of Ultra Electronics Holdings plc, the
formerly LSE-listed group that specialises in providing engineering solutions
for mission-critical systems in the defence, security, critical detection and
control markets, latterly serving for six years as Chief Executive. He also
sits on the Boards of LSE-listed PayPoint Group plc and Moneysupermarket.com
Group plc, and AIM-listed Kromek Group plc and supports a range of small
businesses and entrepreneurs in a non-executive capacity.

 

His deep knowledge and understanding of the defence industry, and the growth
of innovative technology and software companies, will be extremely valuable as
the Board seeks to implement and execute its strategies in international
markets.

 

 

Enquiries:

 

 Pennant International Group plc                  www.pennantplc.com
 Philip Walker, CEO                               +44 (0) 1452 714 914

 David Clements, Commercial & Risk Director

 Michael Brinson, CFO

 WH Ireland Limited (Nomad and Broker)             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

 

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