Director/PDMR Shareholding

LONDON--()--

14 April 2014

Panmure Gordon & Co. plc

Director shareholdings

Panmure Gordon & Co. plc (“the Company”) announces that, in accordance with the terms of the Company’s Performance Share Plan, 8,000 ordinary shares at nil consideration awarded to Philip Tansey, Chief Financial Officer of the Company, have today vested.

In addition, the first tranche of the awards granted under the Performance Share Plan to Phillip Wale, Chief Executive, and Philip Tansey on 1 June and 26 June 2012 respectively, amounting to 168,750 and 78,375 shares respectively, have now lapsed, as the performance conditions attaching to the first tranche of the awards relating to financial year 2013 profitability have not been met.

Consequently, Philip Tansey’s beneficial holding in the Company’s shares is now 24,000 ordinary shares of 4p each, representing 0.15% of the Company's issued ordinary share capital. In addition Mr Tansey has an option over 40,000 shares at an exercise price of 40p held in the Panmure Gordon & Co. plc No 2 Employee Benefit Trust which are currently exercisable and over which he is able to exercise voting rights, which when aggregated with his existing holding represents 0.41% of the Company's ordinary issued share capital. He also holds two awards under the Performance Share Plan: i) in respect of a further 16,000 shares which will automatically vest in two equal tranches on 31 March 2015 and 31 March 2016, subject to continued employment with a group company; and ii) in respect of 156,750 shares which will vest in two equal tranches in 2016 and 2017, providing performance conditions based on 2014 and 2015 profitability are met.

Phillip Wale’s beneficial holding in the Company’s shares is 8,500 ordinary shares of 4p each, representing 0.05% of the Company’s issued ordinary share capital. His Performance Share Plan award consists of 337,500 shares which will vest in two equal tranches in 2016 and 2017, providing performance conditions based on 2014 and 2015 profitability are met.

Enquiries:

Sarah Wigley, Company Secretary 020 7459 3600

Philip Secrett/Jen Hatter/Salmaan Khawaja

Grant Thornton Corporate Finance (Nominated Adviser) 020 7383 5100

Short Name: Panmure Gordon & Co. Plc
Category Code: RDS
Sequence Number: 414241
Time of Receipt (offset from UTC): 20140414T162308+0100

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Panmure Gordon & Co.Plc

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Panmure Gordon & Co.Plc