Director Dealing

RNS Number : 8654B

Pennant International Group PLC

07 April 2017

 

7 April 2017

Pennant International Group plc

(AIM: PEN)

Director Dealing

Pennant International Group plc ("Pennant" or "the Group"), the AIM quoted supplier of integrated support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, announces that Mr Christopher Powell, through the Mr CC Powell Pension Fund purchased a total of 120,000 shares from Mrs JK Powell at an average price of 85.75 pence per share.

The Company announces that further to the above purchase of Ordinary Shares, Mr CC Powell and Mrs JK Powell now have the following interests:

Name	Pre-sale holding of Ordinary Shares	Shares sold	Revised holding of Ordinary Shares	Percentage of Share Capital
Mr CC Powell Pension Fund	970,180	120,000	1,090,180	3.31
Mrs JK Powell Pension Fund	1,952,137		1,952,137	5.93
Mr CC Powell	1,750,000		1,750,000	5.31
Mrs JK Powell	750,000	-120,000	630,000	1.91
	5,422,317	-	5,422,317	16.46

At today's date, the Company has 32,943,533 Ordinary Shares in issue.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mr 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	N/A
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 Identification code:	Ordinary shares of 5 pence each ISIN: GB0002570660
b)	Nature of the transactions	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 86.0 pence 85.5 pence 60,000 60,000
d)	Aggregated information -      Aggregated volume -      Price	120,000 £102,900
e)	Date of the transaction	4 April 2017 and 6 April 2017
f)	Place of the transaction	London Stock Exchange, AIM

Enquiries:

Pennant International Group plc	www.pennantplc.co.uk
Philip Walker, CEO	[phone]
WH Ireland Limited	www.whirelandplc.com
Mike Coe / Ed Allsopp	[phone]
Walbrook PR (Financial PR)	[e-mail]
Paul Vann / Tom Cooper	[phone]

 

END

 

 

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