LONDON, 7 June 2013 – Panmure Gordon & Co., a leading independent institutional stockbroker and investment bank, is pleased to advise that is has acted as co-lead manager on the £1.54bn IPO of Partnership Assurance, London’s largest flotation of the year to-date.

Panmure Gordon chief executive, Phillip Wale, commented: “We were delighted to work as part of the team of advisers on this very successful flotation, which leveraged our insurance sector expertise in equity research, investment banking and equity sales.”