Panmure Gordon & Co. plc
Purchase of shares
The Company has been notified that the Panmure Gordon & Co. plc No. 2 Employee Benefit Trust (“the EBT”) purchased today 20,000 ordinary shares at a price of £0.835 each. These shares are to be held in the EBT and are intended to be used to satisfy share awards made under the Company’s Performance Share Plan or other future plans. The EBT is a discretionary trust for the benefit of employees including the executive directors of the Company.
PraxisIFM Trustees Limited, as Trustees of the EBT, already held 1,376,972 ordinary shares in the Company, 287,984 of which are the subject of share options granted to employees under the Company’s 2005 Employee Share Option Plan. The EBT’s total holding is now therefore 1,396,972 ordinary shares, representing 8.986% of the Company’s issued share capital.
|Susanna Freeman||020 7886 2500|
|Philip Secrett/Jen Clarke/Salman Khawaja|
|Grant Thornton Corporate Finance (Nominated Adviser)||020 7383 5100|