Contract Award

RNS Number : 2251A

Pennant International Group PLC

18 March 2013

 



18 March 2013

Pennant International Group plc

 Major Contract Award

New £16 million five year contract

Pennant International Group plc ('Company'), the AIM quoted supplier of integrated logistics support solutions, products and services, principally to the defence, rail, aerospace and naval sectors, and to Government departments is pleased to announce that it has been awarded a contract worth approximately £16 million over 5 years. The contract is the largest ever won by the Group and is for the development and through life support of training equipment. It has the potential for extensions up to 20 years.

The Company will be announcing its results for the year ended 31 December 2012 on 19 March 2013.

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

 

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