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RNS Number : 4511P Peel Hunt Limited 03 July 2025
3 July 2025
Peel Hunt Limited
("Peel Hunt" or the "Company")
AGM Trading Update
Peel Hunt Limited ("Peel Hunt" or the "Company") today provides the following
trading update in relation to the three-month period ended 30 June 2025 ("Q1
FY26"). This statement is issued in advance of the Company's Annual General
Meeting which is being held at 2pm today.
We have had a strong start to our new financial year as market conditions have
begun to improve. We have seen higher revenue generation in our Institutional
and notably our Execution Services businesses, together with a significant
contribution from M&A transactions. Consequently, Group revenue for Q1
FY26 is comfortably ahead of the equivalent prior year period, which itself
was a good quarter.
We continue to have a strong pipeline of M&A transactions, with a number
of situations both announced and in process. It remains to be seen whether a
more general pick up in equity issuance and IPO activity will follow. Whilst
the macroeconomic background is hard to predict, investor confidence appears
to be increasingly resilient, and we are mandated on a number of transactions
that are expected to complete in the second half of our financial year should
market conditions be supportive.
We have also continued to add excellent clients to our franchise and, together
with many exciting growth companies, we now act for 55 FTSE 350 companies, 50
in the FTSE 250 and 5 in the FTSE 100.
We continue to strengthen our international distribution capabilities, adding
an office in Abu Dhabi to our international network in the coming months
alongside New York and Copenhagen. This is critical to our clients, as it
provides access to global investors who are an increasingly important
constituent of listed UK company share registers.
For further information, please contact:
Peel Hunt: via Sodali & Co
Steven Fine, CEO
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 7383 5100
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
About Peel Hunt
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.
Forward-looking statements
This announcement contains forward-looking statements. Forward-looking
statements sometimes use words such as 'may', 'will', 'could', 'seek',
'continue', 'aim', 'anticipate', 'target', 'project', 'expect', 'estimate',
'intend', 'plan', 'goal', 'believe', 'achieve' or other words of similar
meaning. Past performance is no guide to future performance and any
forward-looking statements and forecasts are based on current expectations and
assumptions but relate to events and depend upon circumstances in the future
and you should not place reliance on them. These statements and forecasts are
subject to various risks and uncertainties and there are a number of factors
that could cause actual results or developments to differ materially from
those expressed or implied by forward-looking statements and forecasts.
The forward-looking statements contained in this document speak only as of the
date of this announcement and (except as required by applicable regulations or
by law) Peel Hunt does not undertake to publicly update or review any
forward-looking statements, whether as a result of new information, future
events or otherwise. Nothing in this announcement constitutes or should be
construed as constituting a profit forecast.
No offer of securities
The information, statements and opinions contained in this announcement do not
constitute or form part of, and should not be construed as, any public offer
under any applicable legislation, or an offer, or solicitation of an offer, to
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instruments.
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