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Acquisition

15 Jul 2015 08:19

Panmure Gordon & Co. plc

(“Panmure Gordon” or the "Company”)

Acquisition of Charles Stanley Securities

Panmure Gordon (AIM: PMR), a leading independent stockbroker and investment bank, announces that further to the announcement released on 17 June 2015, the Company, through its wholly owned subsidiary Panmure Gordon (UK) Limited, has now successfully completed the acquisition of Charles Stanley Securities ("CSS"), the investment banking division of Charles Stanley Group Plc (“Charles Stanley”).

Phillip Wale, Chief Executive of Panmure Gordon said “We are delighted to welcome our new colleagues at an exciting time for Panmure Gordon as we grow the Company and focus firmly on serving our corporate and institutional clients and on improving value for our shareholders.”

Enquiries:

Panmure Gordon

Philip Tansey, Chief Financial Officer

Susanna Freeman, Company Secretary

020 7886 2500
Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett/Salmaan Khawaja/Jen Clarke

Buchanan (Financial PR)

Mark Edwards/Helen Chan/Stephanie Watson

020 7383 5100

020 7466 5000

panmure@buchanan.uk.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20150715005544/en/

Copyright Business Wire 2015

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