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Panmure Gordon & Co. plc
Purchase of shares
The Company has been notified that the Panmure Gordon & Co. plc No. 2 Employee Benefit Trust (“the EBT”) yesterday purchased 100,000 ordinary shares at a price of 17p. 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.
Praxis Trustees Limited, as Trustees of the EBT, also holds 12,765,720 ordinary shares in the Company, 6,763,457 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 12,865,720 shares, representing 8.33% of the Company’s issued share capital.
|Sarah Wigley, Company Secretary||020 7886 2500|
|Gerry Beaney/Jen Clarke/Salman Khawaja|
|Grant Thornton Corporate Finance (Nominated Adviser)||020 7383 5100|
Panmure Gordon & Co.Plc
Source: Panmure Gordon & Co.Plc
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