Panmure Gordon (AIM: PMR), a leading independent stockbroker and investment bank, announces that it has entered into an exclusive Heads of Terms agreement in respect of the proposed purchase of Charles Stanley Securities, the investment banking division of Charles Stanley Group Plc.

6 May 2015

Panmure Gordon & Co. plc

('Panmure Gordon' or the 'Company')

Proposed Purchase of Charles Stanley Securities

Panmure Gordon (AIM: PMR), a leading independent stockbroker and investment bank, announces that it has entered into an exclusive Heads of Terms agreement in respect of the proposed purchase of Charles Stanley Securities, the investment banking division of Charles Stanley Group Plc.

The acquisition of this complementary business would result in a significantly enhanced offering to corporate and institutional clients.

At this stage no assurance can be given that a transaction will proceed. However, subject to due diligence and regulatory approval, completion is anticipated by the end of May 2015.

The Company will issue a further statement in due course.

Enquiries:

Panmure Gordon

Phillip Wale, Chief Executive

Philip Tansey, Chief Financial Officer

Patric Johnson, Head of Securities

020 7886 2500

Buchanan (financial PR)

Mark Edwards/Helen Chan/Stephanie Watson

020 7466 5000

panmure@buchanan.uk.com

Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett/Salmaan Khawaja/Jen Clarke

020 7383 5100

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