PMR: Panmure Gordon & Co.Plc: Update re ThinkEquity LLC

  PMR: Panmure Gordon & Co.Plc: Update re ThinkEquity LLC

UK Regulatory Announcement

LONDON

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
                                                  

Contact:

Panmure Gordon & Co.Plc
 
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