Result of AGM

For immediate release 8 June 2017

Panmure Gordon & Co. plc(the "Company")

Result of AGM

The Company announces that, at the Annual General Meeting held at 10:00am today, all resolutions set out in the Notice of Annual General Meeting dispatched to shareholders on 9 May 2017 were passed by the requisite majorities.

-Ends-

Enquiries:

Panmure Gordon

Patric Johnson, Chief Executive 020 7886 2500

Buchanan (Financial PR) 020 7466 5000

Bobby Morse/Stephanie Watson panmure@buchanan.uk.com

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett/Salmaan Khawaja/ Jamie Barklem 020 7383 5100

Publication on website

A copy of this Announcement will be made available, free of charge and subject to certain restrictions relating to persons in Restricted Jurisdictions, on Panmure Gordon's website at www.panmure.com, by no later than 12 noon (London time) on the Business Day following the date of this Announcement. For the avoidance of doubt, the content of such websites are not incorporated into, and do not form part of, this Announcement.

Disclosure requirements of the Code

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8 of the Code. A Dealing Disclosure by a person to whom Rule 8.3(b) of the Code applies must be made by no later than 3:30 p.m. (London time) on the Business Day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3 of the Code.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4 of the Code). Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.