Director shareholding: 6 July 2012

Panmure Gordon & Co. plc (“the Company”) announces that Phillip Wale, Chief Executive of the Company, purchased 85,000 ordinary shares of 4p each in the Company at a price of 10.75p on 6 July 2012.

Following this transaction, Mr Wale’s beneficial holding in the Company’s shares is 85,000 ordinary shares representing 0.06% of the Company’s issued share capital. In addition, Mr Wale has a share award over up to 6.75m of the Company’s shares vesting, subject to the attainment of certain performance targets, in 2015, 2016 and 2017.