13th Aug 2010 15:20
13 August 2010
Panmure Gordon & Co. plc
("the Company")
Purchase of shares
The Company has been notified that the Panmure Gordon & Co. plc No. 2 Employee Benefit Trust ("the EBT") has today purchased 100,000 ordinary shares in the Company at a price of 30p per share. 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 9,434,477 ordinary shares in the Company, 8,521,143 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 9,534,477 shares, representing 6.58% of the Company's issued share capital.
Enquiries:
Sarah Wigley, Company Secretary 020 7459 3600
Fiona Kindness, Grant Thornton Corporate Finance 020 7728 3414
(Nominated Adviser)
Copyright Business Wire 2010
Related Shares:
PMR.L