7th Sep 2009 14:30
Panmure Gordon & Co Plc
7 September, 2009
Notification of potential legal proceedings
The Board of Panmure Gordon & Co (the "Company") announces that its solicitors have received notification of a potential claim relating to the failed investment in the Company by Alessandro Benedetti and Bertrand des Pallieres and their investment vehicle, P.G. Holdings S.A., (together the "Benedetti Parties").
At this stage, no proceedings have been served on the Company.
The Company, and its legal advisers, are extremely confident that its conduct in relation to the failed investment was entirely proper and, should the Benedetti Parties choose to issue proceedings, they will be vigorously defended.
Enquiries:
Ed Gascoigne-Pees, Financial Dynamics: 020 7269 7132
Billy Clegg, Financial Dynamics: 020 7269 7157
Nathaniel Webb, Group Communications Manager: 020 7614 8333
Related Shares:
PMR.L