Directors' Dealings

RNS Number : 8302I
Pennant International Group PLC
23 March 2018
 

                                                                                                                                                           

 

FOR IMMEDIATE RELEASE                                                                                             23 March 2018

 

PENNANT INTERNATIONAL GROUP PLC

(AIM: PEN)

 

Directors' Dealings

 

Pennant International Group plc ("Pennant" or the "Company"), the AIM quoted supplier of integrated training and support solutions, products and services which train and assist engineers in the defence and regulated civilian sectors makes an announcement regarding dealings in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") by Persons Discharging Managerial Responsibility. 

 

1)   On 21 March 2018, Philip Walker purchased 6,349 Ordinary Shares off market at a price of £0.945 per share. 

 

2)   On the same day, David Clements purchased 5,291 Ordinary Shares off market at a price of £0.945 per share.

 

3)   On the same day, Simon Moore purchased 5,291 Ordinary Shares off market at a price of £0.945 per share.

 

4)   On the same day, Timothy Rice purchased 6,349 Ordinary Shares off market at a price of £0.945 per share. 

 

5)   On 20 March 2018, the Company granted to David Clements (under its existing EMI Share Option Scheme established in 2009) an option over 205,455 Ordinary Shares at an exercise price of £0.825 per share. The option has been granted in accordance with, and is subject to, the Scheme Rules and vests over five years, becoming exercisable over a third of the Ordinary Shares on the third anniversary of grant, a further third on the fourth anniversary and the final third on the fifth anniversary. The option lapses should Mr Clements cease to be employed by the Company.

 

 

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

 

Following the above dealings, the interests of the current Directors, and those individuals whose appointments as Directors become effective on 1 April 2018, in respect of issued Ordinary Shares and options over unissued Ordinary Shares are as follows:

 

 

 

Issued Ordinary Shares held (number)

% of Issued Share Capital held

 

 

 

Philip Walker

6,349

0.02%

David Clements 

5,291

0.02%

Simon Moore

23,474

0.07%

Timothy Rice

6,349

0.02%

Christopher Powell *

5,422,317

16.46%

Gary Barnes * (appointed w/e/f 1 April)

150,934

0.46%

John Ponsonby (appointed w/e/f 1 April)

-

-

 

 

*  includes Ordinary Shares held by the Director's spouse

 

 

 

  EMI Options (number of unissued Ordinary Shares)

Unapproved Options (number of unissued Ordinary Shares)

 

 

 

Philip Walker

297,619

525,969

David Clements 

305,455

-

Simon Moore

-

300,000

Timothy Rice

-

-

Christopher Powell

-

-

Gary Barnes (appointed w/e/f 1 April)

370,000

-

John Ponsonby (appointed w/e/f 1 April)

-

-

 

 

The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail.

 

 

continued…

 

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philip Walker

2

Reason for the notification

a)

Position/status

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

Acquisition

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

Price(s)

£0.945

Volume(s)

6,349

 

 

 

d)

Aggregated information

 

Aggregated volume

Price

 

 

 

 

6,349

£6,000

e)

Date of the transaction

21 March 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Clements

2

Reason for the notification

a)

Position/status

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

Acquisition

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

Price(s)

£0.945

Volume(s)

5,291

 

 

 

d)

Aggregated information

 

Aggregated volume

Price

 

 

 

 

5,291

£5,000

e)

Date of the transaction

21 March 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Moore

2

Reason for the notification

a)

Position/status

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

Acquisition

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

Price(s)

£0.945

Volume(s)

5,291

 

 

 

d)

Aggregated information

 

Aggregated volume

Price

 

 

 

 

5,291

£5,000

e)

Date of the transaction

21 March 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Timothy Rice

2

Reason for the notification

a)

Position/status

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

Acquisition

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

Price(s)

£0.945

Volume(s)

6,349

 

 

 

d)

Aggregated information

 

Aggregated volume

Price

 

 

 

 

6,349

£6,000

e)

Date of the transaction

21 March 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Clements

2

Reason for the notification

a)

Position/status

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

Grant of option

Grant of option over unissued ordinary shares

 

c)

Price(s) and volume(s)

Price(s)

£0

Volume(s)

205,455

 

 

 

d)

Aggregated information

 

Aggregated volume

Price

 

 

 

 

205,455

£0

e)

Date of the transaction

20 March 2018

f)

Place of the transaction

Outside a trading venue

 

 

 

 

Enquiries:

 

Pennant International Group plc

www.pennantplc.co.uk

Philip Walker, CEO

David Clements, Commercial & Risk Director

 

+44 (0) 1452 714 914

 

 

WH Ireland Limited

www.whirelandplc.com 

Mike Coe / Ed Allsopp

+44 (0) 117 945 3470

 

 

Walbrook PR (Financial PR)

paul.vann@walbrookpr.com

Paul Vann / Tom Cooper

+44 (0)20 7933 8780

Mob: +44 (0)7768 807631

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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