28
October 2024
Peel Hunt
Limited
(the "Company" and, together with its
subsidiaries, "Peel
Hunt" or the "Group")
Notification of transactions
by PDMRs
The Company announces the
confirmation of the number of shares subject to performance awards
under the Peel Hunt Long Term Incentive Plan ("LTIP") ("Awards") granted to the Executive
Directors of the Company. These Awards are in line with the current
Directors' remuneration policy, which is set out in the Company's
Annual Report published for the year ended 31 March 2022. These are
the first such awards made under the LTIP.
|
Director
|
Award shares
|
|
Steven Fine
|
494,868
|
|
Sunil Dhall
|
192,449
|
Below a threshold cumulative EPS
measure, the Awards will not vest. At or above this threshold
cumulative EPS measure, the Awards will vest between 25% to 100%
based on the value of cumulative EPS measured over the three
financial years ending 31 March 2027. The Awards are subject to a
further six-month holding period during which vested awards cannot
be sold.
Further details are set out in the
PDMR form below, made in accordance with the Market Abuse
Regulation (EU) No. 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018.
For further information, please
contact:
Peel Hunt: via
Sodali & Co
Steven Fine, CEO
Sunil Dhall, CFOO
Sodali & Co (Financial PR):
+44 (0)20 7100 6451
Justin Griffiths
Gilly Lock
Russ Lynch
peelhunt@sodali.com
Grant Thornton UK LLP (Nominated
Adviser): +44 (0)20 7728
2942
Philip Secrett
Colin Aaronson
Elliot Peters
Keefe, Bruyette & Woods (Corporate
Broker): +44 (0) 20 7710
7600
Alistair McKay
Alberto Moreno Blasco
Fred Walsh
Notes to editors
Peel Hunt is a leading UK investment
bank that specialises in supporting mid-cap and growth companies.
It provides integrated investment banking advice and services to UK
corporates, including equity capital markets, private capital
markets, M&A, debt advisory, investor relations and corporate
broking. The Company's joined up approach combines these services
with expert research and distribution and an execution services hub
that provides liquidity to the UK capital markets, delivering value
to global institutions and trading counterparties alike. The
Company is admitted to trading on AIM (LON: PEEL) and has offices
in London, New York and Copenhagen.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR) AND PERSONS CLOSELY
ASSOCIATED WITH THEM
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Steven Fine
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Chief Executive Officer
|
|
b.
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Peel Hunt Limited
|
|
b.
|
LEI
|
549300LZ19UIGSNC8I92
|
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a.
|
Description of the Financial
instrument, type of instrument Identification code
|
Nil-cost share options over the
ordinary share capital of the Company
Ordinary Share ISIN:
GG00BLGZJW08
|
|
b.
|
Nature of the transaction
|
Confirmation of the number of
ordinary shares subject to nil-cost options granted under the Peel
Hunt Long Term Incentive Plan
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil cost
|
494,868
|
|
|
d.
|
Aggregated information
·Aggregated
volume
·Price
|
Not
applicable
|
|
e.
|
Date of the transaction
|
25 October 2024
|
|
f.
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Sunil Dhall
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Chief Financial and Operating
Officer
|
|
b.
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Peel Hunt Limited
|
|
b.
|
LEI
|
549300LZ19UIGSNC8I92
|
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a.
|
Description of the Financial
instrument, type of instrument Identification code
|
Nil-cost share options over the
ordinary share capital of the Company
Ordinary Share ISIN:
GG00BLGZJW08
|
|
b.
|
Nature of the transaction
|
Confirmation of the number of shares
subject to nil-cost options granted under the Peel Hunt Long Term
Incentive Plan
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil cost
|
192,449
|
|
|
d.
|
Aggregated information
·Aggregated
volume
·Price
|
Not
Applicable
|
|
e.
|
Date of the transaction
|
25 October 2024
|
|
f.
|
Place of the transaction
|
Outside a trading venue
|