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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 |
TIDMPEN
Pennant International Group PLC
02 October 2017
FOR IMMEDIATE RELEASE 02 October 2017
PENNANT INTERNATIONAL GROUP PLC
(AIM: PEN)
Teaming Agreement signed with Resource Group
Pennant International Group plc ("Pennant" or the "Group"), the AIM quoted supplier of integrated training and support solutions, products and services, principally to the defence, rail, aerospace and naval sectors and to Government Departments, is pleased to announce that it has entered into a teaming agreement with Resource Group (a service provider to airlines and OEMs, accredited by the regulatory authorities as an Approved Aviation Training Organisation).
Pennant and Resource Group (sharing common customers and operating in the same sectors) have identified a number of opportunities to work together to provide complementary products and services, enhancing end user experience and value, and on 26 September 2017, signed a teaming agreement which provides the framework to develop and implement these opportunities.
Phil Walker, Pennant CEO, commented: "We have worked on the same projects as Resource Group over a number of years and teaming to work more closely together makes perfect sense, not just for our respective businesses but for our mutual customers as well."
Stephan Hickman, Resource Group CEO, added: "The market sectors we serve increasingly demand integrated solutions and closer co-operation between suppliers. Through this collaboration we aim to enhance the value proposition available to the customers of both Resource Group and Pennant. This agreement is the first step towards achieving that goal."
Enquiries:
Hot Features
Premium
Pennant International www.pennantplc.co.uk
Group plc
Philip Walker, CEO
David Clements, Company +44 (0) 1452 714 881
Secretary +44 (0) 1452 714 914
WH Ireland Limited www.whirelandplc.com
Mike Coe / Ed Allsopp +44 (0) 117 945 3470
Walbrook PR (Financial paul.vann@walbrookpr.com
PR)
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
END
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(END) Dow Jones Newswires
October 02, 2017 05:00 ET (09:00 GMT)
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