Trading Update

Pennant International Group plc are pleased to provide the Trading Update for the year ending 31 December 2018.

This document indicates that Pennant is ‘on track’ to deliver in line with market expectations, and anticipates that it will report:

• Revenues of circa £21 million;

• Earnings before interest, taxation and amortisation of approximately £3.3 million;

• Cash at year-end of circa £2 million;

• Three-year order book at year-end of over £37 million.

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INDUSTRIES

Other industries

(Shipping, Nuclear, Space)