News & Events

Keep up to date with the most recent company news and events.

A navy background with white text that says Pennant
Business Update

Business Update

Pennant International Group plc (AIM:PEN), the IPS software and services company, is pleased to report further progress as it implements its new business model, click here for further...

The Track Access Production logo. is an capital A with orange coloured that looks like a railway track
New Acquisition

New Acquisition

Pennant International Group plc (AIM: PEN) (the “Company”, the “Group”), a leading global provider of training technology and integrated product support solutions, is pleased to announce that it has acquired the entire issued share capital of Track Access...

A graphic displaying ‘65’ in large numbers, with the years ‘1958-2023’ below it, next to the word ‘Pennant’. Both elements are stylized with colorful geometric shapes on a dark blue background.
CELEBRATING 65 YEARS OF PENNANT!

CELEBRATING 65 YEARS OF PENNANT!

Pennant is proud to celebrate 65 years of providing our technology-based training solutions and Integrated Product Support (IPS) software and services to our valued customers. The Group’s CEO, Philip Walker ACA BA (Hons) said “We are very proud of our heritage, and...

A logo with the words "Pennant". The letter A is a shape with various blues and an orange outline.
Directorate Change October 2022

Directorate Change October 2022

“We are shocked and saddened by the news of John’s passing. Since his appointment as a director on 1 April 2018 he has provided valuable challenge and insight, it was a pleasure to work with him and he will be much missed. Our thoughts are with his family at this...

A dark blue presentation slide with the title ‘Pennant’ in large white letters, accompanied by a colorful geometric logo. The subtitle reads ‘Company Briefing August 2022.’ There is a small copyright notice at the bottom and a line indicating it’s a Pennant International Group company presentation
Pennant Capital Markets Day

Pennant Capital Markets Day

On Thursday 4th August, Pennant International Group Plc held its inaugural Capital Markets Day ("CMD") at Searcys in The Gherkin, London. The event was designed to communicate how the company has repositioned and to outline the business strategy. To view the...

A large office building with a sign that says Pennant on it. The background is sky blue and green hedges.
Sale of Pennant Court

Sale of Pennant Court

Pennant International Group plc announces that it has exchanged contracts for the sale of its facility known as Pennant Court. With the Group’s increasing software focus and reduced reliance on resource-intensive hardware engineering activities, earlier this year...

A blue image with the AIM crest on it. There are also the words "AIM:PEN"
Contracts & Order Book Update

Contracts & Order Book Update

Pennant International Group plc is pleased to provide the following update regarding a Major programme, Contract wins and Order book updates. Click here to read the document. In response to this update, Phil Walker, Pennant CEO, said: “We are delighted with these...

A logo with the words "Pennant". The letter A is a shape with various blues and an orange outline.
PENNANT HAS A NEW LOOK!

PENNANT HAS A NEW LOOK!

On behalf of the Pennant Marketing team, we are excited to announce that Pennant has a new look! In the upcoming days and weeks, you will begin to see the old logo fade out and the new logo taking centre stage. Stay tuned for more exciting updates that includes...

Blue image with the AIM crest for non-executive director and interim CFO announcement with words AIM: PEN
MAJOR PROGRAMME UPDATE

MAJOR PROGRAMME UPDATE

The Group was ‘down-selected’ for a major UK defence programme in August 2018 which was, at the time, anticipated to be contracted in that year. The opportunity has since been subject to protracted negotiations between Pennant’s customer and the Ministry of Defence...

A montage image of people in an office, and people working on equipment.
SUCCESSFUL JOSCAR RENEWAL

SUCCESSFUL JOSCAR RENEWAL

Pennant are delighted to announce that we have successfully once again completed the JOSCAR supplier accreditation process for another year. This accreditation demonstrates Pennant’s commitment to the defence, aerospace and security sectors that JOSCAR (the Joint...

Blue image with the AIM crest for non-executive director and interim CFO announcement with words AIM: PEN
PENNANT INTERIM RESULTS 2021

PENNANT INTERIM RESULTS 2021

Pennant announces Interim Results for the six months ended 30 June 2021. Commenting on the results, Chairman John Ponsonby said: “The Half Year results mask a particularly encouraging performance from the Group’s IPS division, while the decisive actions taken last...

Business Update

A navy background with white text that says Pennant

Pennant International Group plc (AIM:PEN), the IPS software and services company, is pleased to report further progress as it implements its new business model, click here for further information

Pennant International Group proud partners of Air and Space Institute (ASI)

The ASI logo

Pennant is pleased to be partnering with the Air and Space Institute (ASI) to support the delivery and expansion of ASI’s world-class training programmes to aspiring professionals in the aviation and space sectors. Through this partnership, Pennant will provide ASI with cutting-edge equipment and consultancy services to support the delivery of the institute's training programs. Additionally, Pennant will offer employability advice and skills training to ASI students. This will provide students with hands-on experience with technology and equipment used in the aerospace and defense...

Final Results RNS FY22

A navy background with white text that says Pennant

Pennant International Group plc announces its Final Results for the Financial Year ended 31 December 2022. Click on this link to read the full article

New Acquisition

The Track Access Production logo. is an capital A with orange coloured that looks like a railway track

Pennant International Group plc (AIM: PEN) (the “Company”, the “Group”), a leading global provider of training technology and integrated product support solutions, is pleased to announce that it has acquired the entire issued share capital of Track Access Productions Limited (“TAP”, the “Acquisition”). Click here for more information.

CELEBRATING 65 YEARS OF PENNANT!

A graphic displaying ‘65’ in large numbers, with the years ‘1958-2023’ below it, next to the word ‘Pennant’. Both elements are stylized with colorful geometric shapes on a dark blue background.

Pennant is proud to celebrate 65 years of providing our technology-based training solutions and Integrated Product Support (IPS) software and services to our valued customers. The Group’s CEO, Philip Walker ACA BA (Hons) said “We are very proud of our heritage, and want to thank everyone, especially our dedicated employees (current and former), who have supported us throughout the years and contributed to our success.” We are excited to continue this journey and look forward to providing our advanced solutions to the world-class companies that utilise and deliver Integrated Training and...

Appointment of Director

A picture of a person smiling. they are stood in front of a blue backdrop and wearing a striped t-shirt.

Pennant International Group plc is pleased to announce the appointment of Deborah Wilkinson as Non-Executive Director with effect from 1st February 2023. Click here to see the full announcement.

Directorate Change October 2022

A logo with the words "Pennant". The letter A is a shape with various blues and an orange outline.

“We are shocked and saddened by the news of John’s passing. Since his appointment as a director on 1 April 2018 he has provided valuable challenge and insight, it was a pleasure to work with him and he will be much missed. Our thoughts are with his family at this time.” Click here to see the full announcement.

Interim Results Announcement 2022

Blue image with the AIM crest for non-executive director and interim CFO announcement with words AIM: PEN

Today the Pennant Group released its Interim Results for H1 2022. Commenting on the results, Chairman John Ponsonby said: “I am pleased to report that the Period saw the Group return to positive earnings before interest, taxation and amortisation as gross margin significantly improved and costs remained under tight control.” Click here to view the full Results.

Pennant Capital Markets Day

A dark blue presentation slide with the title ‘Pennant’ in large white letters, accompanied by a colorful geometric logo. The subtitle reads ‘Company Briefing August 2022.’ There is a small copyright notice at the bottom and a line indicating it’s a Pennant International Group company presentation

On Thursday 4th August, Pennant International Group Plc held its inaugural Capital Markets Day ("CMD") at Searcys in The Gherkin, London. The event was designed to communicate how the company has repositioned and to outline the business strategy. To view the presentation please click here.

Sale of Pennant Court

A large office building with a sign that says Pennant on it. The background is sky blue and green hedges.

Pennant International Group plc announces that it has exchanged contracts for the sale of its facility known as Pennant Court. With the Group’s increasing software focus and reduced reliance on resource-intensive hardware engineering activities, earlier this year the Board commissioned a comprehensive review of the Group’s UK facilities. Recognising a reduced requirement for space at its Cheltenham operating sites, the Board decided to market for sale the Group’s former Cheltenham head office, Pennant Court. Read the full document here....

Contracts & Order Book Update

A blue image with the AIM crest on it. There are also the words "AIM:PEN"

Pennant International Group plc is pleased to provide the following update regarding a Major programme, Contract wins and Order book updates. Click here to read the document. In response to this update, Phil Walker, Pennant CEO, said: “We are delighted with these recent contract wins, and the good progress made on the MTE Programme. They provide an excellent start to the current financial year and are helping to build firm foundations for the future growth of the Group.”  

PENNANT HAS A NEW LOOK!

A logo with the words "Pennant". The letter A is a shape with various blues and an orange outline.

On behalf of the Pennant Marketing team, we are excited to announce that Pennant has a new look! In the upcoming days and weeks, you will begin to see the old logo fade out and the new logo taking centre stage. Stay tuned for more exciting updates that includes latest industry news and events, where you can meet the Pennant Team.

MAJOR PROGRAMME UPDATE

Blue image with the AIM crest for non-executive director and interim CFO announcement with words AIM: PEN

The Group was ‘down-selected’ for a major UK defence programme in August 2018 which was, at the time, anticipated to be contracted in that year. The opportunity has since been subject to protracted negotiations between Pennant’s customer and the Ministry of Defence and Pennant itself. Phil Walker, Group CEO, commented: “Given the length of time since the initial ‘down-selection’, our budgeting for the next three years had not assumed award of the full scope, and a contract worth in the region of £9 million, if awarded, will be a material win for us and substantially underpin our financial...

PENNANT PRESENTED WITH BRONZE AWARD FROM THE DEFENCE EMPLOYER RECOGNITION SCHEME

A defence army tank. There is trees and a tarmacked road

Pennant are delighted to be presented with the Armed Forces Bronze Award from the Defence Employer Recognition Scheme (ERS). The Employer Recognition Scheme recognises commitment and support from UK employers for defence personnel. Pennant CEO Phil Walker has said “I am proud that Pennant has entered into the Armed Forces Covenant.  Pennant has a long history of supporting the Armed forces and we recognise the value of supporting those who have served our country bring to the business”. Pennant look forward to continuing our support for our Armed Forces, to being active members of the...

SUCCESSFUL JOSCAR RENEWAL

A montage image of people in an office, and people working on equipment.

Pennant are delighted to announce that we have successfully once again completed the JOSCAR supplier accreditation process for another year. This accreditation demonstrates Pennant’s commitment to the defence, aerospace and security sectors that JOSCAR (the Joint Supply Chain Accreditation Register) supports with a single repository for pre-qualification and compliance information. As key suppliers of training technology and integrated product support Pennant are delighted to work alongside participating buying companies that support JOSCAR, such as BAE Systems, Ministry of Defence,...

PENNANT SUPPORT NEXTGEN RAAF TRAINING

Two large grey hardware training devices. The device have multiple panels open and documentation on a stand in front of it

Pennant have worked with the Royal Australian Air Force for many years and supplied solutions to enhance their training programmes. Pennant are delighted to see our Integrated Avionics Maintenance Trainer (IAMT) make an appearance in one of the Royal Australian Air Force’s video, offering insight into the training environment at RAAFSTT and the RAAF NextGen Series training programme. Watch the video here. Pennant equipment is delivered through a suite of modern, generic and bespoke training aids, offering operation and maintenance savings and improved safety outcomes. These training aids...

PENNANT ATTENDS TWO UK EXHIBITIONS IN SEPTEMBER

An exhibition stand set-up at an event. There display is showing a blue backdrop and there is someone in the middle with a VR headset on it.

Our UK team are back in the office following two very busy weeks at exhibitions for two of the major sectors Pennant operates in. Pennant representatives attended Railtex / Infrarail at the NEC, Birmingham on the 7th – 9th September and DSEI at the Excel, London on the 14th – 17th September. Railtex offered the opportunity for our rail experts to demonstrate our Technical Publications, VR solutions, Driver Training and CBT solutions, while networking with both new and old customers, and attending several of the conference talks. As proud members of The Rail Industry Association (RIA) it...

PENNANT INTERIM RESULTS 2021

Blue image with the AIM crest for non-executive director and interim CFO announcement with words AIM: PEN

Pennant announces Interim Results for the six months ended 30 June 2021. Commenting on the results, Chairman John Ponsonby said: “The Half Year results mask a particularly encouraging performance from the Group’s IPS division, while the decisive actions taken last year to reduce costs resulted in significant savings during the First Half, positioning the Group well for the second half and into 2022.” “I would like to thank all Pennant employees, who have worked tirelessly during the First Half, drawing on Pennant’s long heritage to deliver our impressive breadth of products and...