Panmure Gordon & Co. plc provides corporate and institutional investment banking and stockbroking services. The Company�s United Kingdom�s business is conducted through one regulated operating subsidiary, Panmure Gordon (United Kingdom) Limited, which is authorized and regulated by the Financial Services Authority and is a member of the London Stock Exchange. The Company�s United States business is carried out through ThinkEquity LLC. The Company�s business areas include investment banking, institutional sales and trading, and equity research. The Company offers a range of equity and equity-related products, as well as financial advisory, initial public offering (IPO), mergers and acquisitions (M&A), accelerated book build, placing, private equity and rights issue capabilities. In June 2012, the Company disposed of certain interest in ThinkEquity LLC, subsequently reducing its ownership to 22.5%.