TIDMPEN

RNS Number : 5509P

Pennant International Group PLC

08 February 2019

FOR IMMEDIATE RELEASE 8 February 2019

PENNANT INTERNATIONAL GROUP PLC

(AIM:PEN)

Director Dealing

Pennant International Group plc ("Pennant" or the "Company") announces that on 7 February 2019, it was informed of the following dealings in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):

The Mr CC Powell Pension Fund purchased a total of 80,000 Ordinary Shares; comprising 40,000 Ordinary Shares from Mr CC Powell and 40,000 Ordinary Shares from Mrs J K Powell. The purchase price in each case was 118.5 pence per Ordinary Share.

Further to these dealings, the interests of Mr CC Powell and Mrs JK Powell are as follows:

 
 Name                     Disposals   Acquisitions        Holding     Revised      Percentage 
                                                      Pre-Dealing     Holding    (%) of Share 
                                                                                      Capital 
-----------------------  ----------  -------------  -------------  ----------  -------------- 
 Mr CC Powell               -40,000                       450,000     410,000           1.14% 
 Mr CC Powell Pension 
  Fund                                      80,000      2,090,180   2,170,180           6.02% 
 CC Powell sub-total        -40,000         80,000      2,540,180   2,580,180           7.16% 
                         ----------  -------------  -------------  ----------  -------------- 
 Mrs JK Powell              -40,000                       630,000     590,000           1.64% 
 Mrs JK Powell Pension 
  Fund                                                  2,252,137   2,252,137           6.25% 
 JK Powell sub-total        -40,000              0      2,882,137   2,842,137           7.89% 
                         ----------  -------------  -------------  ----------  -------------- 
 
 Total                      -80,000         80,000      5,422,317   5,422,317          15.04% 
                         ==========  =============  =============  ==========  ============== 
 
 

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

The Company has 36,040,693 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.

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.whirelandcb.com 
 Mike Coe / Chris Savidge           +44 (0) 117 945 3470 
 
 Walbrook PR (Financial PR)         paul.vann@walbrookpr.com 
                                    +44 (0)20 7933 8780 
 Paul Vann / Tom Cooper              +44 (0)7768 807631 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                            Christopher Powell 
      ------------------------------  ----------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                 Non-Executive Director 
      ------------------------------  ----------------------------------------- 
 b)    Initial notification            Initial Notification 
        /Amendment 
      ------------------------------  ----------------------------------------- 
 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              Ordinary Shares of 5p each 
        financial instrument, 
        type of instrument 
 
       Identification code             GB0002570660 
 
 b)    Nature of the transaction       Disposal of Ordinary Shares to Mr 
                                        CC Powell Pension Fund 
 
                                        Acquisition of Ordinary Shares by 
                                        Mr CC Powell Pension Fund 
      ------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
                                        Price(s)       Volume(s) 
                                        118.5p         40,000 (Disposal) 
 
                                         118.5p         80,000 (Acquisition) 
 
 
 d)    Aggregated information           Acquisition    Disposal 
 
  - Aggregated volume                   80,000         40,000 
 
  - Price                               GBP94,800      GBP47,400 
 
 e)    Date of the transaction         07/02/2019 
      ------------------------------  ----------------------------------------- 
 f)    Place of the transaction        London Stock Exchange, AIM 
      ------------------------------  ----------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                    Jennifer Powell 
      --------------------------------------  ------------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                         Person Closely Associated (with Christopher 
                                                Powell, Non-executive Director) 
      --------------------------------------  ------------------------------------------------- 
 b)    Initial notification                    Initial Notification 
        /Amendment 
      --------------------------------------  ------------------------------------------------- 
 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                      Ordinary Shares of 5p each 
        financial instrument, 
        type of instrument 
 
       Identification code                     GB0002570660 
 
 b)    Nature of the transaction               Disposal of Ordinary Shares to Mr 
                                                CC Powell Pension Fund 
      --------------------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                Price(s)                Volume(s) 
                                                118.5p                  40,000 
 
 
 d)    Aggregated information 
 
  - Aggregated volume                           40,000 
 
  - Price                                       GBP47,400 
 
 e)    Date of the transaction                 07/02/2019 
      --------------------------------------  ------------------------------------------------- 
 f)    Place of the transaction                London Stock Exchange, AIM 
      --------------------------------------  ------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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