Director/PDMR Shareholding

RNS Number : 4617T

Pennant International Group PLC

12 October 2017

 

FOR IMMEDIATE RELEASE                                                                                          12 October 2017

PENNANT INTERNATIONAL GROUP PLC

(AIM:PEN)

Director Dealing

Pennant International Group plc ("Pennant" or the "Company"), the AIM quoted supplier of integrated training and support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, announces that it has been informed that on 11 October 2017, the following dealings occurred in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):

1)   The Mrs JK Powell Pension Fund purchased a total of 300,000 Ordinary Shares from the Mr CC Powell Pension Fund at a price of £0.845 per share. 

2)   The Mr CC Powell Pension Fund purchased a total of 1,300,000 Ordinary Shares from Mr CC Powell at a price of £0.845 per share.  

The Company announces that further to the above dealings, the interests of Mr CC Powell and Mrs JK Powell are as follows:

Name	Disposals	Acquisitions	Holding Pre-Dealing	Revised Holding	Percentage (%) of Share Capital
Mr CC Powell	-1,300,000		1,750,000	450,000	1.37%
Mr CC Powell Pension Fund	-300,000	1,300,000	1,090,180	2,090,180	6.34%
CC Powell sub-total	-1,600,000	1,300,000	2,840,180	2,540,180	7.71%
Mrs JK Powell			630,000	630,000	1.91%
Mrs JK Powell Pension Fund		300,000	1,952,137	2,252,137	6.84%
JK Powell sub-total		300,000	2582137	2,882,137	8.75%
Total	-1,600,000	1,600,000	5,422,317	5,422,317	16.46%

The total holdings of Mr and Mrs Powell taken together remain unchanged.

The Company has 32,943,533 Ordinary Shares in issue (none of which are held in treasury).

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	2138005AIIUYSRP5O254
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	Disposals Sale of 300,000 ordinary shares by Mr CC Powell Pension Fund Sale of 1,300,000 ordinary shares by Mr CC Powell Acquisitions Purchase of 1,300,000 ordinary shares by Mr CC Powell Pension Fund
c)	Price(s) and volume(s)	Price(s) Volume(s) 84.5 pence 300,000 (disposal) 84.5 pence 1,300,000 (disposal) 84.5 pence 1,300,000 (acquisition)
d)	Aggregated information Aggregated volume Price Aggregated volume Price	Disposals 1,600,000 £1,352,000 Acquisitions 1,300,000 £1,098,500
e)	Date of the transaction	11 October 2017
f)	Place of the transaction	London Stock Exchange, AIM
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mrs JK Powell
2	Reason for the notification
a)	Position/status	Person closely associated with Christopher Powell (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	2138005AIIUYSRP5O254
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	Purchase of 300,000 ordinary shares by Mrs JK Powell Pension Fund
c)	Price(s) and volume(s)	Price(s) Volume(s) 84.5 pence 300,000
d)	Aggregated information -      Aggregated volume -    Price	300,000 £253,500
e)	Date of the transaction	11 October 2017
f)	Place of the transaction	London Stock Exchange, AIM

Enquiries:

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

 

END

 

 

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