Business
Issue of Equity, Director Dealings & TVR
Issue of Equity, Director Dealings & TVR.
About this update from Pennant International Group Plc
[{"type":"text","content":"\n\n \n 03 September 2024\n\nPENNANT INTERNATIONAL GROUP PLC\n(\"Pennant\", the \"Company\" or the \"Group\")\n \nIssue of Equity, Director Dealings and Total Voting Rights\n \n \nPennant International Group plc (AIM:PEN), the systems support and training solutions company, announces an issue of shares to satisfy awards under its employee Share Incentive Plan (the \"SIP\").\n \nThe Company has issued an aggregate of 147,928 new ordinary shares of 5p each to satisfy subscriptions under the SIP (the \"SIP Shares\"). The SIP Shares have been issued at 24p per share in accordance with the rules of the SIP, being the market price at the end of the subscription period.\n \nAs participants in the SIP, Philip Walker (Chief Executive Officer) and David Clements (Commercial & Risk Director) have each subscribed for 15,000 SIP Shares.\n \nApplication for admission to trading on AIM of the 147,928 SIP Shares has been made and admission of the SIP Shares is expected to take place on or around 6 September 2024. The SIP Shares will rank pari passu with the existing ordinary shares in issue. The SIP Shares will represent approximately 0.34% of the Company's enlarged issued share capital on admission. The tables below provide further details for each PDMR in accordance with the requirements of the EU Market Abuse Regulation.\n \nTotal Voting Rights\nFollowing Admission, the Company's issued share capital will consist of 43,234,133 ordinary shares. No shares are held in treasury. Therefore, the total number of voting rights in the Company is 43,234,133. Shareholders may use this figure as the denominator for...