Appointment of Non-executive Director

Pennant International Group PLC

07 February 2024

 

FOR IMMEDIATE RELEASE                                                                                                       ​ 7 February 2024

PENNANT INTERNATIONAL GROUP PLC

Board Change

Appointment of Non-Executive Director (Chair Designate)

Pennant International Group plc (AIM:PEN) (the "Company", the "Group"), the IPS software and services company, is pleased to announce the appointment of Ian Dighé to the Board of the Company as a Non-executive Director and Chair designate with immediate effect. Ian will assume the Chair role immediately following the Company's next Annual General Meeting, which is expected to be held in May 2024.

Ian has significant listed company and City experience, gained throughout his executive career with a particular focus on the investment banking, corporate broking, asset management and closed-end funds sectors. In addition, he is experienced in developing boards and senior management teams. Ian was a co-founder of Bridgewell Group plc and Chairman of Miton Group plc from February 2011, overseeing the successful refinancing and subsequent growth of the group, before he retired from the Miton board in December 2017. He is currently Chairman of The Investment Company plc and an independent director of Seneca Growth Capital VCT plc. He is also a director of a number of private companies and charities.

Please refer to the appendix of this announcement below, for all further disclosures relating to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Enquiries:

Pennant International Group plc	www.pennantplc.com
Philip Walker, CEO David Clements, Commercial & Risk Director	[phone]
Michael Brinson, CFO
WH Ireland Limited (Nomad and Broker)	https://www.whirelandplc.com/capital-markets
Mike Coe Sarah Mather	[phone]
Walbrook PR (Financial PR)	[e-mail]
Paul Vann Joe Walker	[phone] Mob: [phone]

Appendix - AIM Rule 17 

Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies in respect of the appointment to the Board of Ian Robert Dighé, aged 68. Ian does not hold an interest in the Company's share capital.

Current Directorships	Past Directorships (within 5 years)
Seneca Growth Capital VCT PLC	Redcliffe Precision Ltd
Winchester Diocesan Board of Finance	Dornoch HoldCo Ltd
Abport Ltd	AVPE Investment Ltd
New Centurion Trust Ltd	AVPE Ltd
The Investment Co Plc	AVPE Holdings Ltd
SE Yachts Ltd	AVPE Group Ltd
Mathom House Investments Ltd	QP Estate Management Ltd
Edelweiss Holdings PLC (not traded on a stock exchange)

Mr Ian Robert Dighé was a Director of AVPE Investments Limited, which entered administration on 5 February 2021. The trading entities were successfully sold, although there remained a deficit to creditors and AVPE Investments Limited was dissolved on 14 December 2021.

Mr Ian Robert Dighé was a director of Redcliffe Precision Limited, which entered into administration on 25 January 2021. Certain of its assets were sold, although there remained a deficit to creditors and Redcliffe Precision Limited was dissolved on 21 October 2022.

 

END