8 Nov 2012 07:00
8 November 2012
Panmure Gordon & Co. plc("Panmure Gordon" or "the Company")
Update re ThinkEquity LLC
Panmure Gordon has been notified that ThinkEquity LLC, a business in which the company had a 22.5% shareholding, and which ceased trading in October 2012, filed for a petition for relief under chapter 7 of the US Bankruptcy Code on 6 November 2012. The value of Panmure Gordon's investment in ThinkEquity LLC had been fully written down in the interim balance sheet as at 30 June 2012 published on 26 September 2012.
| Enquiries: | ||
| Panmure Gordon | ||
| Phillip Wale, Chief Executive | 020 7886 2500 | |
| Philip Tansey, Chief Financial Officer | 020 7886 2500 | |
| Nat Webb, Communications Director | 07738 182900 / 020 7886 2886 | |
| FTI Consulting | ||
| Billy Clegg | 020 7269 7157 | |
| Ed Gascoigne-Pees | 020 7269 7132 | |
| Grant Thornton Corporate Finance (Nominated adviser) | ||
| Gerry Beaney/Salmaan Khawaja/Jen Clarke | 020 7383 5100 | |
Copyright Business Wire 2012