3rd Aug 2022 19:39
Pennant International Group PLC - Cheltenham, England-based training technology and product support provider - Agrees sale of former Cheltenham head office Pennant Court to Pripco Ltd for GBP2.1 million in cash.
Proceeds from the sale will go towards reducing its overdraft, which currently stands at GBP4.2 million.
In addition, as part of its review into the group's UK facilities, Pennant International will terminate its office lease in Stevenage, and is in early talks for surrendering another leased premises.
Current stock price: 29.68 pence
12-month change: down 10%
By Dayo Laniyan; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Pennant International