Result of AGM and GM

RNS Number : 1245M

Pennant International Group PLC

18 May 2010

 



PENNANT INTERNATIONAL GROUP PLC

(AIM: PEN)

Result of AGM and GM

Pennant International Group plc ("Pennant" or "the Company") 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 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 Mr Powell's Concert Party, as detailed in the Circular dated 9 April 2010, in the event that the Company makes market purchases of its own ordinary shares.

Contacts:
Pennant International Group plc	www.pennantplc.co.uk
John Waller, Finance Director	[phone]
WH Ireland Limited	www.wh-ireland.co.uk
Mike Coe / Marc Davies	[phone]
Winningtons Financial	www.winningtons.co.uk
Paul Vann / Tom Cooper	[phone]

Pennant International Group plc, based in Cheltenham, England and is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.

 

END

 

 

RAGGGUUUAUPUGPR