Board Chairman Ed Warner commented: 'We are pleased to have attracted someone with the drive and experience of Patric to the Board and look forward to greater success for both him and for Panmure Gordon.'

Mr Johnson commented: 'It is a great honour to be appointed to the Board of a company with the heritage of Panmure Gordon and I am keen to contribute to the further success of the Company and build upon the hard work of recent years.'

Patric Johnson, aged 43, has extensive experience; he joins the firm from Evolution Group (Acquired by Investec in 2012), where he served on the board of Evolution Securities and was Head of Distribution. Before joining Evolution Group, he was a Board member, co-founder and Chief Operating Officer within ICAP Equities. Patric has over 18 years of experience in the financial services community.

Patric is co-founder and on the board of Match Capital Limited, a business assisting early stage companies raise capital, as well as a Director of Hilary Close (Freehold) Limited, a non-trading company.

Enquiries:

Panmure Gordon

Ed Warner, Chairman 020 7886 2500

Phillip Wale, Chief Executive 020 7886 2500

Buchanan (financial PR) 020 7466 5000

Mark Edwards/Helen Chan/Stephanie Watson panmure@buchanan.uk.com

Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett/Salmaan Khawaja/Jen Clarke 020 7383 5100

Further information:

Patric Jasper Thewlis Johnson, is or was a director of the following companies during the last five years:

Current directorships

Previous directorships

Match Capital Ltd

Evolution Securities Limited

Hilary Close (Freehold) Limited

ICAP Equities Limited

Mr Johnson is currently beneficially interested in 6,097 ordinary shares of 4p each, equal to 0.04% of the issued share capital of the Company.

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

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