Directorate change: 29 September 2010

Panmure Gordon & Co. plc announces Edmond Warner as non-executive Chairman

Panmure Gordon & Co. plc, a leading independent investment banking and stockbroking group, announces the appointment of Edmond Warner as non-executive Chairman with effect from 1 October, 2010, replacing Simon Heale, who has been interim Chairman since September 2009. Simon will remain on the Board, becoming Panmure Gordon’s first ever Senior Independent Director.

Mr Warner (47) was appointed to the Board on 1 December 2009 as an independent non-executive director. Ed has extensive experience in the investment banking industry. He was formerly chief executive of Old Mutual Securities, head of pan-European equities at BT Alex Brown and global head of research at both NatWest Markets and Dresdner Kleinwort Benson. He is currently Chairman of UK Athletics Limited, the sport’s national governing body, and derivatives exchange LMAX, and is a non-executive director of Clarkson plc, Standard Life European Private Equity Trust and The Eastern European Trust. He was recently appointed an independent non-executive of Grant Thornton UK LLP.

Ed Warner said:

“Panmure Gordon & Co is one of the City’s most respected and established brands. It has a strong and independent future. We plan to strengthen further the Company’s core market focus while executing a clear international development strategy with the full support of our major shareholder, QInvest.”

Simon Heale, Senior Independent Director said:

“I am delighted Ed has decided to take up the Chairmanship following a formal and thorough search process. He brings to the Board strong leadership qualities and significant financial services industry experience.

“We are delighted that he has agreed to apply his wide skills and knowledge to the position of Chairman of the Board of Panmure Gordon and to lead the Company in the next phase of its development.”


Panmure Gordon & Co
Tim Linacre, Chief Executive +44 (0)20 7459 3600
Nathaniel Webb, Group Communications Manager +44 (0)20 7614 8333

Financial Dynamics
Ed Gascoigne-Pees +44 (0)20 7269 7132
Billy Clegg +44 (0)20 7269 7157

Grant Thornton Corporate Finance (NOMAD)
Gerry Beaney +44 (0)20 7383 5100