AI assistant
PENNANT INTERNATIONAL GROUP PLC Remuneration Information 2021
7840_def-14a_2021-10-12_fb631de5-b36f-4dee-a439-7770d88dbbbd.html
Remuneration Information
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 8370O
Pennant International Group PLC
12 October 2021
12 October 2021
PENNANT INTERNATIONAL GROUP PLC
("Pennant" or "the Company")
Grant of Option
Pennant International Group plc (AIM:PEN) announces the grant of an option to a Person Discharging Managerial Responsibility.
The Company has granted to Michael Brinson, Group Head of Finance, an option over 50,000 ordinary shares at an exercise price of 30 pence per share.
The option has been granted under the Company's existing EMI Share Option Scheme established in 2009 and vests 36 months after the date of grant. Further, it is subject to a performance condition such that the option is not exercisable unless and until the Company's share price has been not less than 78.5 pence for a period of at least 20 consecutive business days. The option lapses should Mr Brinson cease to be employed by the Company.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation,
provides further detail.
Enquiries:
| Pennant International Group plc | www.pennantplc.co.uk |
| Philip Walker, CEO David Clements, Commercial & Risk Director |
+44 (0) 1452 714 914 |
| WH Ireland Limited (Nomad and Broker) | www.whirelandcb.com |
| Mike Coe Sarah Mather |
+44 (0) 20 7220 1666 |
| Walbrook PR (Financial PR) | [email protected] |
| Paul Vann Tom Cooper |
+44 (0)20 7933 8780 Mob: +44 (0)7768 807631 |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Michael Brinson | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Head of Finance (PDMR) | |||
| b) | Initial notification /Amendment | Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pennant International Group plc | |||
| b) | LEI | 2138005AIIUYSRP5O254 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each | |||
| Identification code | GB0002570660 | ||||
| b) | Nature of the transaction | Grant of option over unissued ordinary shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Purchase of shares | n/a | 50,000 | |||
| d) | Aggregated information | Purchase of shares | |||
| - Aggregated volume | 50,000 | ||||
| - Price | £0 | ||||
| e) | Date of the transaction | 11/10/2021 | |||
| f) | Place of the transaction | Outside a trading venue |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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.
END
DSHFFEFDEEFSELS