Issue of Equity
Pennant International Group plc has issued 73,000 new ordinary shares at 20p per share to satisfy employee share incentive plan subscriptions, including 18,000 shares for CEO Philip Walker. These shares, totaling £14,600, will be admitted to AIM around March 31, 2026, and will represent approximately 0.15% of the enlarged issued share capital, bringing the total voting rights to 47,630,533.
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Pennant International Group plc (AIM:PEN), the systems support software and training solutions company, announces the issuance of 73,000 new ordinary shares of 5p each (the "SIP Shares") to satisfy subscriptions under the Company's employee share incentive plan ("SIP"). The SIP Shares have been issued at 20p per share in accordance with the rules of the SIP, being the market price at the end of the subscription period.
As a participant in the SIP, Philip Walker (Chief Executive Officer) has subscribed for 18,000 SIP Shares.
Application for admission to trading on AIM of the 73,000 SIP Shares has been made and admission of the SIP Shares is expected to take place on or around 31 March 2026.
The SIP Shares will rank pari passu with the existing ordinary shares in issue. The SIP Shares will represent approximately 0.15% 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 Market Abuse Regulation.
Total Voting Rights
Following Admission, the Company's issued share capital will consist of 47,630,533 ordinary shares. No shares are held in treasury. Therefore, the total number of voting rights in the Company is 47,630,533. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
| a) | Name | Pennant International Group plc |
| b) | LEI | 2138005AIIUYSRP5O254 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each |
| Identification code | GB0002570660 | |
| b) | Nature of the transaction | Award of shares under the Employee Share Incentive Plan. |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| Award of shares | 20p | 18,000 |
| d) | Aggregated information | Award of shares |
| - Aggregated volume | 18,000 | |
| - Price | £3,600 | |
| e) | Date of the transaction | 26 March 2026 |
| f) | Place of the transaction | London Stock Exchange, AIM |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.