LONDON – 2 January 2008 – Leading mid-cap broker, Panmure Gordon & Co plc, today announced it will focus its corporate advisory activities under the name Panmure Gordon (UK) Limited.
“Following a review of internal structures, the consolidation of our corporate advisory practice under one umbrella will better provide our key clients with more focused corporate and institutional advisory services under a single regulated entity,” said chief operating officer, Nik Joint.
Panmure Gordon (Broking) Limited will maintain its corporate identity and regulatory status in order for the firm to pursue other strategic initiatives.
“Panmure Gordon & Co is absolutely committed to providing the best quality service to our clients. The change announced today will be invisible to our clients, but it will better allow the firm to focus on streamlining our UK-regulated activities while exploring the best way to expand our offering,” Mr Joint said.
Panmure Gordon (Broking) Limited will officially be removed from the list of approved NOMADS by the Aim regulatory team in the near future. Panmure Gordon clients will simply transition their arrangements to Panmure Gordon (UK) Limited.