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EBT trading plan - Replacement

23 Oct 2015 14:06

The issuer advises that the following replaces the Panmure Gordon & Co. Plc EBT Trading Plan announcement released at 18:04 BST on October 22, 2015.

In the second paragraph, the end date has been changed from 30 April 2015 to 30 April 2016.

All other details remain unchanged.

The full corrected version is shown below.

Panmure Gordon & Co. plc

(the "Company")

EBT trading plan

The Company announces that Praxis Trustees Limited, which administers the Panmure Gordon & Co. plc No.2 Employee Benefit Trust ("EBT"), has entered into a new trading plan with the Company, the previous plan expires on 31 October 2015.

Under the trading plan, in the period running from 1 November 2015 to 30 April 2016 the EBT will instruct Panmure Gordon (UK) Limited as broker to acquire ordinary shares of 4p each in the Company for the EBT. Purchases will be limited to 20,000 ordinary shares in any single calendar month and the maximum price paid per ordinary share shall be no more than 110 per cent of the middle market quotation of the Company's shares on the first business day of the calendar month in which the shares are purchased. While the Company is within a close period, neither the Company nor the EBT will attempt to terminate the trading plan which has now been entered into. The EBT has absolute discretion and independence in respect of all trading decisions it may make in respect of the purchase of ordinary shares pursuant to the trading plan.

Any purchases made by the EBT will be announced to the market at the appropriate time.

Contacts

Susanna Freeman,

Company Secretary 020 7886 2500

Philip Secrett/Salman Khawaja/Jen Clarke

Grant Thornton (Nominated Adviser) 020 7383 5100

View source version on businesswire.com: http://www.businesswire.com/news/home/20151023005460/en/

Copyright Business Wire 2015

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