TIDMPMR

15 August 2016

Panmure Gordon & Co. plc

("Panmure Gordon")

Directorate change

The Company has been advised by QInvest LLC that, following the resignation from the Panmure Gordon Board of its representative Caspar Warre on 26 July 2016, it is appointing a new director to the Board, Ataf Ahmed. This appointment will take place with immediate effect.

Ataf Ahmed, aged 42, is the global head of Asset Management for the QInvest group. Prior to joining QInvest, he was a Director in the UBS Wealth Management Hedge Funds group in Zurich where he had a range of responsibilities including oversight of a number of multi-billion dollar fund-of-hedge funds as well as overseeing the advisory fund-of-hedge fund platform for the bank on a global basis.

Panmure Gordon Chairman, Andrew Adcock, commented: "I am delighted to welcome Ataf to our Board. QInvest has been a very supportive major shareholder since August 2009, and Ataf will bring extensive knowledge and investment banking experience to our Board."

Tamim Al-Kawari, Chief Executive Officer of QInvest commented: "QInvest remains a long-term supporter of the firm and I am delighted that someone of Ataf's experience is joining the Board".

Enquiries:

Panmure Gordon

Andrew Adcock, Chairman 020 7886 2500

Patric Johnson, Chief Executive 020 7886 2500

Buchanan (Financial PR) 020 7466 5000

Giles Sanderson/ Stephanie Watson panmure@buchanan.uk.com

Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett/Salmaan Khawaja/Jen Clark/Harrison Clarke 020 7383 5100

Further information on Ataf Ahmed:

Dr. Ataf Ahmed is or was a director of the following companies during the last five years:

 
Current directorships   Previous directorships 
QInvest LLC             None

Dr. Ahmed is not currently beneficially interested in the issued share capital of the Company.

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160815005451/en/

 
This information is provided by Business Wire

(END) Dow Jones Newswires

August 15, 2016 04:54 ET (08:54 GMT)

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