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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Pennant International Group Plc | LSE:PEN | London | Ordinary Share | GB0002570660 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 28.50 | 28.00 | 29.00 | 28.50 | 28.50 | 28.50 | 32,901 | 07:48:46 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Engineering Services | 13.69M | -901k | -0.0244 | -11.68 | 10.51M |
From Apr 2019 to Apr 2024
TIDMPEN
RNS Number : 6127F
Pennant International Group PLC
10 March 2020
10 March 2020
PENNANT INTERNATIONAL GROUP PLC
Contract Update
Pennant International Group plc ("Pennant", the "Group", or the "Company"), the AIM quoted supplier of integrated training and support solutions, products and services which train and assist operators and maintainers in the defence and regulated civilian sectors, is pleased to provide an update on a key contract.
In its announcement of 9 August 2019, the Company noted that it was in the process of responding to a customer request for changes to its contract for the design and build of a set of electro-mechanical maintenance trainers for a UK armoured vehicle programme.
The scope and key terms of this contract amendment have now been agreed as expected with the customer. Formal execution of the amendment is anticipated to occur within the next two months. The price for the contract will increase by GBP1.5 million (to circa GBP13.5 million) of which circa GBP5 million remains to be recognised over 2020 and 2021.
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 (Nomad and www.whirelandcb.com Broker) Mike Coe Chris Savidge +44 (0) 117 945 3470 Walbrook PR (Financial PR) paul.vann@walbrookpr.com Paul Vann +44 (0)20 7933 8780 Tom Cooper Mob: +44 (0)7768 807631
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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(END) Dow Jones Newswires
March 10, 2020 08:00 ET (12:00 GMT)
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