The £1.8m fund-raise at 110p announced by PEN this morning sets the scene for the company to acquire a highly complementary business while also preparing for a busy year of product development and contract implementation. Specialising in producing sophisticated technical training equipment mainly for the use of avionics and mechanical maintenance engineers, PEN is poised to acquire a company dedicated to the facilitation of aviation skills training, in a deal which is clearly a very good fit. Wh ....
29 Jan 2019
FLASH COMMENT
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FLASH COMMENT
Pennant International Group plc (PEN:LON) | 29.7 0 0.0% | Mkt Cap: 11.0m
- Published:
29 Jan 2019 -
Author:
Nick Spoliar -
Pages:
4
The £1.8m fund-raise at 110p announced by PEN this morning sets the scene for the company to acquire a highly complementary business while also preparing for a busy year of product development and contract implementation. Specialising in producing sophisticated technical training equipment mainly for the use of avionics and mechanical maintenance engineers, PEN is poised to acquire a company dedicated to the facilitation of aviation skills training, in a deal which is clearly a very good fit. Wh ....