Transaction in Own Shares

RNS Number : 4069C
Pennant International Group PLC
30 April 2012
 



PENNANT INTERNATIONAL GROUP PLC

(AIM: PEN)

 

Transaction in Own Shares

 

Pennant International Group plc ("Pennant" or "the Company") announces that on 17 April 2012 it sold its own ordinary shares of 5p each ("Ordinary Shares")out of treasury to satisfy the exercise of options by employees as follows:

 

Number of shares

Exercise Price (pence)

160,000

11.5

190,000

8.25

 

Subsequent to these trades, on 18 April 2012 the Company purchased 130,000 Ordinary Shares at a price of 27.65 pence per shares, to be held as treasury shares. The Company now holds 1,566,364 Ordinary Shares in treasury.

 

In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Services Authority, the Company confirms that its issued share capital comprises 28,000,000 Ordinary Shares of 5p each. All of the Ordinary Shares have equal voting rights and 1,566,364 Ordinary Shares are held in Treasury. Therefore, the total number of voting rights in the Company is 26,433,636.

 

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

 

 

 

Contacts:

 

Pennant International Group plc

John Waller, Finance Director

john.waller@pennantplc.co.uk

+44 (0) 1452 714881

 

WH Ireland Limited

Mike Coe / Marc Davies

+44 (0) 117 945 3470


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