Dividend Declaration

RNS Number : 0118H

Pennant International Group PLC

11 February 2010

 



PENNANT INTERNATIONAL GROUP PLC

(AIM: PEN)

Dividend Declaration

The Board is please to announce a return to the dividend list and has today declared a cash dividend of 1pence per share payable on 19 March 2010 to shareholders on the register on 19 February 2010. The ex-dividend date will be 17 February 2010. The dividend represents a payout of 0.66 pence for the year ended 31 December 2009 together with a special dividend of 0.34 pence.

The decision to pay a dividend at this stage is based on the return to profitability in line with expectations for the year ended 31 December 2010 together with the strong cash performance in the second half which was forecast in the Company's Interim Report. Cash balances increased from £268,000 at 30 June 2009 to £1,284,000 at 31 December 2009.

The Company expects to announce its preliminary results on 29 March 2010.

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]

 

END

 

 

DIVGGUGWPUPUGUG