Panmure Gordon & Co. plc is pleased to announce that all resolutions proposed to shareholders at its annual general meeting held this morning were duly passed on a show of hands, thereby approving, amongst other things, the proposed reorganisation of the Company’s share capital.

Following the share capital reorganisation, which will be effected at the close of business today, the Company’s issued share capital will consist of 15,458,200 ordinary 4p shares, with each share carrying the right to one vote, and 15,458,200 deferred 36p shares, which carry no voting entitlements and which will not be listed. The total number of voting rights in the Company will therefore be 15,458,200.

Application has been made to AIM, a market of London Stock Exchange plc (“AIM”) for the admission to trading of the 15,458,200 ordinary shares of 4p each in the Company in issue following the completion of the share capital reduction. It is expected that the shares will be admitted to trading at 8.00 am on Thursday 23 May 2013 under the following stock identification codes: SEDOL code B97CW50 and ISIN code GB00B97CW509.

As a consequence of the share capital reorganisation, it is proposed that all current block listings are cancelled. The block listings are in respect of the following incentive arrangements:

Approved Share Option Plan 261,179 ordinary shares

Unapproved Share Option Plan 1,626,602 ordinary shares

Performance Share Option Plan 872,731 ordinary shares

Performance Share Plan 197,912 ordinary shares

For further information regarding the share capital reorganisation, please refer to the shareholder circular which can be viewed on the Company’s website: