Wed 26 May 2010
Panmure Gordon & Co. plc (“the Company”) announces that Tim Linacre, Chief Executive of the Company, has today been granted 73,170 share options under the Company’s Approved Company Share Option Plan at an exercise price of 41p, exercisable between 26 May 2013 and 26 May 2020.
Tim Linacre’s beneficial holding in the Company’s shares is 119,240 ordinary shares, representing 0.08% of the Company’s issued share capital. In addition, Mr Linacre has an option over 2,472,738 shares held in the Panmure Gordon & Co. plc No 2 Employee Benefit Trust which are currently exercisable and over which he is able to exercise voting rights, which when aggregated with his existing holding represents 1.79% of the Company’s issued share capital. He also holds 872,731 performance share options which are currently exercisable. All of these options are at an exercise price of 4p and have no expiry date.