Pennant International (GB:PEN) has released an update.
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Pennant International Group PLC, a provider of systems support and training solutions, has announced that its directors and senior management have subscribed for 772,000 new ordinary shares at 25p each, matching the price of shares issued during a recent fundraising event. The transaction, involving key company figures including the CEO and Non-Executive Chairman, is expected to be admitted to trading on the AIM market of the London Stock Exchange around August 5, 2024. Following the admission, Pennant’s total issued share capital will consist of 43,086,205 ordinary shares, all ranking equally in terms of dividends and distributions.
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