Panmure Gordon : Submission of Deeds of Adherence Extension

Fri 2 Jun 2017

RECOMMENDED ACQUISITION

of

PANMURE GORDON & CO. PLC

by

ELLSWORTHY LIMITED

EXTENSION OF TIME LIMIT FOR SUBMISSION OF DEEDS OF ADHERENCE

Further to the scheme document dated 12 April 2017, which was sent or otherwise made available to Panmure Gordon Shareholders (the 'Scheme Document'), which document, subject to certain restrictions relating to persons resident in Restricted Jurisdictions (as defined in the Scheme Document), is available on Panmure Gordon's website at http://www.panmure.com/investor-relations/company-information/, Panmure Gordon & Co. plc (the 'Company' or 'Panmure Gordon') announces an extension of the time limit for submission of Deeds of Adherence to the Bidco Shareholders' Agreement.

Such extension may only by utilised by those Panmure Gordon Shareholders who have elected for the Bidco Unlisted Share Alternative in CREST in accordance with the instructions in the Scheme Document prior to the Bidco Unlisted Share Alternative deadline of 1pm today, 2nd June 2017. The extended deadline for submission of Deeds of Adherence to the Company's registrars is 6pm on Wednesday 7th June 2017.

Copies of the Deed of Adherence are available in .pdf format at Bidco's website at www.newsandinformation.co.uk, and can also be obtained from the Company's registrars by telephoning the Company's registrars, Computershare, between 8:30 am and 5:30 pm (London time) Monday to Friday (except UK public holidays) on 0370 707 1236 from within the UK or +44 370 707 1236 if calling from outside the UK.

Duly executed Deeds of Adherence should be submitted to the Company's registrars at Computershare, Corporate Actions Projects, Bristol, BS99 6AH prior to 6pm on Wednesday 7th June 2017.

Panmure Gordon Shareholders electing for the Bidco Unlisted Shares Alternative who hold their Panmure Gordon Shares in certificated form (that is, not in CREST), and who have submitted a Form of Election to the Company's registrars prior to the Bidco Unlisted Share Alternative deadline of 1pm today, 2nd June 2017 need take no further action. Likewise, Panmure Gordon Shareholders who have elected for the Bidco Unlisted Shares Alternative in CREST, and submitted a Deed of Adherence to the Company's registrars prior to the Bidco Unlisted Share Alternative deadline of 1pm today, 2nd June 2017, also need take no further action.

To read the full announcement see here.