Last checked at 7 Apr 2017 07:00
7 April 2017
Pennant International Group plc
(AIM: PEN)
Director Dealing
Pennant International Group plc ("Pennant" or "the Group"), the AIM quoted supplier of integrated support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, announces that Mr Christopher Powell, through the Mr CC Powell Pension Fund purchased a total of 120,000 shares from Mrs JK Powell at an average price of 85.75 pence per share.
The Company announces that further to the above purchase of Ordinary Shares, Mr CC Powell and Mrs JK Powell now have the following interests:
Name | Pre-sale holding of Ordinary Shares | Shares sold | Revised holding of Ordinary Shares | Percentage of Share Capital |
Mr CC Powell Pension Fund | 970,180 | 120,000 | 1,090,180 | 3.31 |
Mrs JK Powell Pension Fund | 1,952,137 | 1,952,137 | 5.93 | |
Mr CC Powell | 1,750,000 | 1,750,000 | 5.31 | |
Mrs JK Powell | 750,000 | -120,000 | 630,000 | 1.91 |
5,422,317 | - | 5,422,317 | 16.46 |
At today's date, the Company has 32,943,533 Ordinary Shares in issue.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mr Christopher Powell | ||||
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 | N/A | ||||
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
Identification code: | Ordinary shares of 5 pence each
ISIN: GB0002570660 | ||||
b) | Nature of the transactions | Sale of ordinary shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
120,000 £102,900 | ||||
e) | Date of the transaction | 4 April 2017 and 6 April 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Enquiries:
Pennant International Group plc | www.pennantplc.co.uk |
Philip Walker, CEO
| +44 (0) 1452 714 881 |
WH Ireland Limited | www.whirelandplc.com |
Mike Coe / Ed Allsopp | +44 (0) 117 945 3470 |
Walbrook PR (Financial PR) | paul.vann@walbrookpr.com |
Paul Vann / Tom Cooper | +44 (0)20 7933 8780 |