Pennant International Group PLC Director/PDMR Shareholding (2609L)

TIDMPEN

RNS Number : 2609L

Pennant International Group PLC

30 September 2016

30 September 2016

Pennant International Group plc

(AIM: PEN)

Director Dealing

Pennant International Group plc ("Pennant" or "the Group"), the AIM quoted supplier of integrated logistic 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 28 September 2016 Mr CC Powell, Non-Executive Director, and his wife, Mrs JK Powell undertook the following transactions. Mrs JK Powell sold 1,085,042 ordinary shares of 5p each ("Ordinary Shares") in each case at 63 pence per share to her pension fund. In addition, Mrs JK Powell transferred 877,729 Ordinary Shares at nil consideration to Mr CC Powell.

Further to the above transactions the interests of Mr CC Powell, Mrs JK Powell and their Concert Party in the Ordinary Shares are as follows.

 
 Name                  Revised          Share        Revised   Percentage 
                       holding          sold/        holding     of Share 
                   of Ordinary    transferred    of Ordinary      Capital 
                        Shares                        Shares 
 Mr CC Powell 
  Pension 
  Fund                 970,180              -        970,180         2.94 
 Mrs JK Powell 
  Pension 
  Fund                 867,095      1,085,042      1,952,137         5.92 
 Mr CC Powell          872,271        877,729      1,750,000         5.31 
 Mrs JK Powell       2,712,771     -1,962,771        750,000         2.28 
 Miss Nikki 
  Powell               488,108              -        488,108         1.48 
 Miss Katie 
  Powell               391,108              -        391,108         1.19 
                 -------------  -------------  -------------  ----------- 
                     6,301,533              -      6,301,533        19.12 
                 -------------  -------------  -------------  ----------- 
 

At today's date, the Company has 32,943,533 Ordinary Shares in issue. No shares are held in treasury.

Enquiries:

 
 Pennant International         www.pennantplc.co.uk 
  Group plc 
 Philip Walker, CFO 
  Chris Snook, CEO             [phone] 
 
 WH Ireland Limited            www.wh-ireland.co.uk 
 Mike Coe / Ed Allsopp         [phone] 
 
 Walbrook PR (Financial    [e-mail] 
  PR) 
 Paul Vann / Tom Cooper         [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 30, 2016 02:02 ET (06:02 GMT)