FOR IMMEDIATE RELEASE
17 July
2024
PENNANT INTERNATIONAL GROUP
PLC
(the
"Company", the "Group")
Result of
AGM
Pennant International Group plc
(AIM:PEN), the systems support and training
solutions company, announces that at its Annual General Meeting held earlier
today all resolutions were duly passed.
The results of the proxy voting will
be available shortly on the Company's
website: www.pennantplc.com/agm-documents/
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Pennant International Group plc
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www.pennantplc.com
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Philip Walker, CEO
David Clements, Commercial &
Risk Director
Michael Brinson, CFO
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+44 (0) 1452 714 914
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Zeus Capital Limited (Nomad)
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Mike Coe / Sarah Mather
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+44 (0) 20 3829 5000
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Cavendish Capital Markets Limited (Broker)
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www.cavendish.com
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Ben Jeynes / Callum Davidson /
George Lawson (Corporate Finance)
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+44 (0) 207 220 0500
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Michael Johnson / Dale Bellis /
Sunila de Silva (Sales & Corporate Broking)
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Walbrook PR (Financial PR)
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pennant@walbrookpr.com
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Tom Cooper
Joe Walker
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+44 (0)20 7933 8780
Mob: +44 (0)7971 221 972
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Notes to editors:
Pennant International Group plc
(AIM: PEN) is a technology driven, leading global provider of
system support services, technical services, and training
solutions. It supports its global customer base in the design,
development, operation, maintenance, and training of complex
assets, to maximise operational and maintenance
efficiency.
Its key markets include Aerospace,
Defence and Rail, and adjacent safety-critical markets such as
Shipping, Nuclear and Space.
The Group addresses the market
through three key business lines:
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Systems support: software tools designed to help
clients: manage and use complex data; ensure equipment availability
at optimal cost; and comply with industry standards. Its
Integrated Product Support (IPS) and Integrated Logistics Support
(ILS) software and services equips customers with powerful
market-leading toolsets to manage, model and utilise complex
equipment data.
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Training solutions: provide hardware, software and
virtual solutions, critical skills training for maintainers and
operators of aircraft, ships and land systems.
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Technical services: support all Pennant's software
and training solutions including consultancy, support and
maintenance, training and bespoke development.
The Company's full product suite
encompasses consultancy, technical documentation, rail services,
training services, and bespoke engineering solutions.
Pennant is strategically focused on
sustainable recurring revenue and profitability growth, shifting
its model towards high margin software and services. Against a
climate of rising defence budgets and the burgeoning technological
complexity of military, aviation and rail platforms, the demand for
these solutions is expected to grow substantially.
Headquartered in Cheltenham, UK, the
Group operates worldwide, with offices in Europe, North America and
Indo-Pacific, serving markets with high barriers to entry often in
regulated industries.
Pennant - Maximising
Operational Efficiency - YouTube