PMR.L Regulatory News (PMR)

13 Jan 2006 07:01

Panmure Gordon & Co. plc13 January 2006 Panmure Gordon & Co. plc ("Panmure Gordon") Appointment of Non-Executive Deputy Chairman Panmure Gordon & Co. plc is delighted to announce the appointment of CharlesStonehill to the Board as non-executive Deputy Chairman with immediate effect.Charles, aged 47, has had a 26 year career in investment banking, includingbeing Head of European Equities and Equity Capital Markets at Morgan StanleyInternational, and Head of Investment Banking for Credit Suisse First Boston inthe Americas. He is currently a non-executive Director of the London Metal Exchange andGulfsands Petroleum plc and also holds three other directorships: ChapmanEntertainment Limited, Ealing Studios Enterprises Ltd and The LittleEntertainment Group Limited. He was previously a director of Lazard & Co.,Limited, Credit Agricole Lazard Financial Products Ltd and Credit AgricoleLazard Financial Products Bank. Richard Wyatt, Chairman, said: "We are delighted that Charles has agreed to joinour Board. He brings great experience and understanding of the equity businessand will add considerably to our ability to grow the Panmure Gordon franchise." Save as set out above, there is no further information to be disclosed inrespect of the AIM Rules. - ends - Enquiries:Panmure GordonTim Linacre, Chief Executive 020 7459 3600Bell Pottinger Corporate & FinancialDavid Rydell / Nick Lambert 020 7861 3232 About Panmure Gordon •Panmure Gordon is a UK-focused corporate and institutional stockbroker which provides corporate finance advice, distributes and trades securities and publishes investment research on behalf of a wide range of clients.•The firm is one of the oldest established stockbrokers in the City,having been founded in 1876 by Harry Panmure Gordon.•The business merged with Durlacher Corporation Plc at the end of April 2005 and is focused on UK equities, ranging from FTSE 100 to fast growing AIM stocks.•Panmure Gordon is quoted on AIM (PMR.L).•One third of the Company's Ordinary shares are held on behalf of management and staff with approximately a further third owned by UKPG Holdings LLC, which is in turn owned by LFCM Holdings LLC•Panmure Gordon currently advises or is stockbroker to approximately 100 companies.•Its institutional client base is served by a very experienced sales team and supported by in-depth research on more than 250 companies and 300 investment trusts.•For more information on Panmure Gordon please visit http://www.panmure.com This information is provided by RNS The company news service from the London Stock Exchange