29th Oct 2010 08:39
29 October 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") purchased 100,000 ordinary shares in the Company on 28 October 2010 at a price of 29p 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 9,458,421 ordinary shares in the Company, 8,345,087 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 9,558,421 shares, representing 6.59% of the Company's issued share capital.
Enquiries:
| Sarah Wigley, Company Secretary | 020 7459 3600 | ||||
| Gerry Beaney/Fiona Kindness | |||||
| Grant Thornton Corporate Finance (Nominated Adviser) | 020 7728 3414 |
Copyright Business Wire 2010
Related Shares:
PMR.L