LONDON, 8 December 2009 – Panmure Gordon & Co is pleased to announce that it has acted as joint broker and joint bookrunner on placing of 101.5m shares at 19p per share, raising £19.28m for Workspace plc. Workspace will use the funds to acquire the remaining 50% of a joint venture, giving it full ownership and control of 18 properties in 11 locations across London.