TIDMPMR

Panmure Gordon & Co. plc

("the Company")

Purchase of shares

The Company was notified on 8 November 2016 that the Panmure Gordon & Co. plc No. 2 Employee Benefit Trust ("the EBT") purchased 20,000 ordinary shares at a price of GBP0.545008 each on 8 November 2016. 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 962,990 ordinary shares in the Company, 221,284 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 982,990 ordinary shares, representing 6.32% of the Company's issued share capital.

 
Enquiries: 
Anne-Marie Palmer                                      020 7886 2500 
Company Secretary 
Philip Secrett/Harrison Clarke/Salman Khawaja 
Grant Thornton Corporate Finance (Nominated Adviser)   020 7383 5100

View source version on businesswire.com: http://www.businesswire.com/news/home/20161108005578/en/

 
This information is provided by Business Wire

(END) Dow Jones Newswires

November 08, 2016 07:19 ET (12:19 GMT)

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