IN BRIEF: Pennant makes further GBP830,000 unit disposal at Staverton
24th Feb 2025 15:34
Pennant International Group PLC - Cheltenham, England-based systems support, technical services and training company - Disposes of unit D at its Staverton site for GBP830,000, as part of its ongoing streamlining within the group's Training division. Says the 6,000 square foot warehouse at the site will be vacated when the disposals have completed. Proceeds will go towards reducing the group's overdraft borrowings, and Pennant expects to realise a small gain against the book value at December 31 after transaction expenses, resulting in additional borrowing headroom. Read More