RNS Number : 9046L
Pennant International Group PLC
24 April 2024
 

           

FOR IMMEDIATE RELEASE                                                                                         24 April 2024

 

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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

 

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