| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
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| 1. Identity of the issuer or the underlying issuer | Pennant International Group plc | |||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | X | |||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |  | |||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |  | |||
| An event changing the breakdown of voting rights |  | |||
| Other (please specify): |  |  | ||
| 3. Full name of person(s) subject to the | David James Seal | |||
| 4. Full name of shareholder(s)  |  | |||
| 5. Date of the transaction and date on | 9 July 2013 | |||
| 6. Date on which issuer notified: | 11 July 2013 | |||
| 7. Threshold(s) that is/are crossed or | Below 5% | |||
| 8. Notified details: | ||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||
| Class/type of 
 | Situation previous | Resulting situation after the triggering transaction | ||||||||||||
| Number | Number | Number | Number of voting | % of voting rights x | ||||||||||
| Direct | Indirect | Direct xi | Indirect xii | Direct | Indirect | |||||||||
| GB0002570660 | 1,330,000 | 5.04 | 1,300,000 |  | 1,300,000 |  |  | 4.92 | ||||||
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| B: Qualifying Financial Instruments | ||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting | ||||||||||
|  |  |  |  |  | ||||||||||
|  | ||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||
| Type of financial | Exercise price | Expiration date xvii | Exercise/ | Number of voting rights instrument refers to 
 | % of voting rights xix, xx 
 | |||||||||
|  |  |  |  | 
 
 | Nominal | Delta | ||||||||
|  |  | |||||||||||||
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| Total (A+B+C) | ||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||
| 1,300,000 | 4.92 | |||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the | ||
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| Proxy Voting: | ||
| 10. Name of the proxy holder: |  | |
| 11. Number of voting rights proxy holder will cease |  | |
| 12. Date on which proxy holder will cease to hold |  | |
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| 
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| 14. Contact name: | John Waller | |
| 15. Contact telephone number: | +44 (0) 1452 714914 | |