13 May 2008 14:14
Pennant International Group plc ("Pennant" or the "Company")
13 May 2008
Result of AGM and EGM
Pennant announces that at the Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed, including a resolution to authorise the directors to make market purchases of up to 15 per cent. of the Company's ordinary shares.
At the Extraordinary General Meeting also held earlier today, shareholders approved the waiver of obligations under Rule 9 of the City Code on Takeovers and Mergers in respect of Mr Christopher Powell (Chairman) and his Concert Party, as detailed in the Circular dated 11 April 2008, in the event that the Company makes market purchases of its own ordinary shares.
Enquiries:
| Pennant International Group plc John Waller, Finance Director
| 01452 714 881 |
| W.H. Ireland Katy Birkin
| 0121 265 6330 |
Pennant International (PEN)