Panmure Gordon & Co. plc (“the Company”) has today received formal notification from Mr Ardavan Farhad Moshiri informing the Company that, following the purchase by Northcote (IOM) Limited of ordinary 4p shares on 29 June 2007, he has an indirect interest in 6,700,000 ordinary 4p shares in the Company, representing 9.9% of the total voting rights attached to the issued share capital of the Company.