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Pin to quick picksPennant International Regulatory News (PEN)

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Director Dealing

7 Apr 2017 07:00

RNS Number : 8654B
Pennant International Group PLC
07 April 2017
 

 

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)

Price(s)

Volume(s)

86.0 pence

85.5 pence

60,000

60,000

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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