Panmure Gordon : Purchase of shares Tue 12 Jul 2016

Tue 12 Jul 2016

Panmure Gordon & Co. plc

('the Company')

Purchase of shares

The Company has been notified today that the Panmure Gordon & Co. plc No. 2 Employee Benefit Trust ('the EBT') purchased 20,000 ordinary shares at a price of £0.53 each on 11 July 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 1,093,836 ordinary shares in the Company, 223,784 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, following an exercise of an option, is now therefore 1,103,836 ordinary shares, representing 7.10% of the Company's issued share capital.