19 Oct 2015 13:40
PENNANT INTERNATIONAL GROUP PLC
(AIM: PEN)
Director Dealing
Pennant International Group plc ("Pennant" or "the Group"), 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 on 19 October 2015 Mrs JK Powell, Non-Executive Director), transferred 100,000 ordinary shares of 5p each ("Ordinary Shares") from the her own name to the Mrs JK Powell Pension Fund and 200,000 Ordinary Shares from her own name to the Mr CC Powell Pension Fund in each case at a price of 58.5 pence per share.
The Company announces that further to the above transfers of Ordinary Shares, Mr Christopher Powell and Mrs Jennifer Powell and their Concert Party hold ordinary shares as follows:
Mr Powell's Concert Party Member
| Number of ordinary shares held prior to the transfers | % of issued share capital (excluding treasury shares) prior to the transfers | Number of ordinary shares held following the transfers
| % of issued share capital (excluding treasury shares) following the transfers
|
Mr CC Powell Pension Fund Mrs JK Powell Pension Fund Mr CC Powell Mrs JK Powell Miss Nikki Powell Miss Katie Powell | 2,570,180 2,567,095 872,271 3,412,771 488,108 391,108
| 9.71 9.70 3.30 12.89 1.84 1.48 | 2,720,180 2,687,095 887,271 3,127,771 488,108 391,108
| 10.46 10.08 3.30 11.76 1.84 1.48
|
Total | 10,301,533 | 38.91 | 10,301,553 | 38.91 |
As a result of these transactions the total number of ordinary shares held by Mr Powell and Mrs Powell and their Concert Party has not altered. At today's date, the Company has 28,000,000 Ordinary Shares in issue of which 1,527,739 are held in treasury.
Contacts: | |
Pennant International Group plc | www.pennantplc.co.uk |
Philip Walker, CFO | +44 (0) 1452 714 881 |
WH Ireland Limited | www.wh-ireland.co.uk |
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 |
Pennant International (PEN)