8 Feb 2019 16:17
FOR IMMEDIATE RELEASE 8 February 2019
PENNANT INTERNATIONAL GROUP PLC
(AIM:PEN)
Director Dealing
Pennant International Group plc ("Pennant" or the "Company") announces that on 7 February 2019, it was informed of the following dealings in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):
The Mr CC Powell Pension Fund purchased a total of 80,000 Ordinary Shares; comprising 40,000 Ordinary Shares from Mr CC Powell and 40,000 Ordinary Shares from Mrs J K Powell. The purchase price in each case was 118.5 pence per Ordinary Share.
Further to these dealings, the interests of Mr CC Powell and Mrs JK Powell are as follows:
Name | Disposals | Acquisitions | Holding Pre-Dealing | Revised Holding | Percentage (%) of Share Capital |
Mr CC Powell | -40,000 | 450,000 | 410,000 | 1.14% | |
Mr CC Powell Pension Fund | 80,000 | 2,090,180 | 2,170,180 | 6.02% | |
CC Powell sub-total | -40,000 | 80,000 | 2,540,180 | 2,580,180 | 7.16% |
Mrs JK Powell | -40,000 | 630,000 | 590,000 | 1.64% | |
Mrs JK Powell Pension Fund | 2,252,137 | 2,252,137 | 6.25% | ||
JK Powell sub-total | -40,000 | 0 | 2,882,137 | 2,842,137 | 7.89% |
Total | -80,000 | 80,000 | 5,422,317 | 5,422,317 | 15.04% |
The total holdings of Mr and Mrs Powell taken together remain unchanged.
The Company has 36,040,693 Ordinary Shares in issue (none of which are held in treasury).
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation,
provides further detail.
Enquiries:
Pennant International Group plc | www.pennantplc.co.uk |
Philip Walker, CEO David Clements, Commercial & Risk Director | +44 (0) 1452 714 914 |
WH Ireland Limited | www.whirelandcb.com |
Mike Coe / Chris Savidge | +44 (0) 117 945 3470 |
Walbrook PR (Financial PR) | 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
| 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
| 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
| Disposal of Ordinary Shares to Mr CC Powell Pension Fund
Acquisition of Ordinary Shares by Mr CC Powell Pension Fund
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
118.5p
118.5p | 40,000 (Disposal)
80,000 (Acquisition)
| ||||
d)
| Aggregated information | Acquisition | Disposal | ||
- Aggregated volume | 80,000 | 40,000 | |||
- Price | £94,800 | £47,400 | |||
e)
| Date of the transaction
| 07/02/2019 | |||
f)
| Place of the transaction | London Stock Exchange, AIM | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Jennifer Powell | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Person Closely Associated (with Christopher Powell, 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
| 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
| Disposal of Ordinary Shares to Mr CC Powell Pension Fund
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
118.5p
| 40,000
| ||||
d)
| Aggregated information | ||||
- Aggregated volume | 40,000 | ||||
- Price | £47,400 | ||||
e)
| Date of the transaction
| 07/02/2019 | |||
f)
| Place of the transaction | London Stock Exchange, AIM | |||
Pennant International (PEN)