Pennant International Regulatory News (PEN)

20 April 2016

PENNANT INTERNATIONAL GROUP PLC

(AIM: PEN)

Result of AGM and GM

Pennant International Group plc ("Pennant" or "the Company"), the AIM quoted supplier of integrated logistic support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, announces that at its Annual General Meeting held earlier today, all resolutions were duly passed.

At the General Meeting also held earlier today the resolution to be proposed was not passed. This resolution would have sought the approval of independent shareholders, on a poll, to the waiver of obligations under Rule 9 of the City Code on Takeovers and Mergers in respect of Christopher Powell and the Powells' Concert Party, as detailed in the Circular dated 23 March 2016, in the event that the Company makes market purchases of its own ordinary shares. In the absence of such approval and to extent that there would be Rule 9 implications the Company will not purchase any of its own shares.