Sunday 31, August 2008 by

EFG-Hermes buys 9.97 per cent of Panmure Gordon

EFG-Hermes said it has acquired 9.97 per cent of Panmure Gordon through the placing of 6.7 million new shares for cash by Panmure Gordon to EFG-Hermes at a price of 47 pence per share. Following the completion of the capital increase EFG-Hermes Holding will hold an interest of 9.06 per cent in the voting rights in Panmure Gordon.

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