LONDON, 22 January 2012 – Panmure Gordon & Co., a leading independent institutional stockbroker and investment bank, is pleased to advise it has acted as joint financial adviser and joint broker to its long-term client, Dignity plc, on a £24.2m fundraise in connection with the £58m acquisition of Yew Holdings.

Dignity, the UK’s largest provider of funeral-related services, has been a Panmure Gordon client since the company floated on the London Stock Exchange almost 9 years ago.

Chief executive, Phillip Wale, commented: “We are delighted to have advised Dignity on this transaction, not least because it continues our client’s long-term growth story.  Dignity is a high quality UK company and we were very pleased with the level of interest in the placing we received from our institutional clients.”