FOR IMMEDIATE RELEASE 24 April 2024
PENNANT INTERNATIONAL GROUP PLC
Notice of Results and Appointment of Board Adviser
Pennant International Group plc (AIM:PEN) (the "Company", the "Group"), the IPS software and services company, provides the following update.
The audit of the Company's financial year ended 31 December 2023 ("FY23") is progressing well, and the Company now expects to publish its FY23 results in early June 2024.
As indicated in the trading update on 7 February 2024, the Company continues to anticipate that its results for FY23 will be in line with market expectations.
Appointment of Board Adviser
The Company is delighted to announce the appointment of Rakesh Sharma as an advisor to the Board. Mr Sharma, is a former FTSE 250 CEO with over 30 years' experience in running international hi-tech engineering and manufacturing businesses.
He was instrumental in the growth of Ultra Electronics Holdings plc, the formerly LSE-listed group that specialises in providing engineering solutions for mission-critical systems in the defence, security, critical detection and control markets, latterly serving for six years as Chief Executive. He also sits on the Boards of LSE-listed PayPoint Group plc and Moneysupermarket.com Group plc, and AIM-listed Kromek Group plc and supports a range of small businesses and entrepreneurs in a non-executive capacity.
His deep knowledge and understanding of the defence industry, and the growth of innovative technology and software companies, will be extremely valuable as the Board seeks to implement and execute its strategies in international markets.
Enquiries:
| Pennant International Group plc | www.pennantplc.com |
| Philip Walker, CEO David Clements, Commercial & Risk Director Michael Brinson, CFO | +44 (0) 1452 714 914 |
| | |
| WH Ireland Limited (Nomad and Broker) | www.whirelandplc.com/capital-markets |
| Mike Coe / Sarah Mather (Corporate Finance) | +44 (0) 20 7220 1666 |
| Fraser Marshall / George Krokos (Sales)
|
|
| Walbrook PR (Financial PR) | pennant@walbrookpr.com |
| Paul Vann Joe Walker | +44 (0)20 7933 8780 Mob: +44 (0)7768 807631 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.