REG - Peel Hunt Limited - Notification of transactions by PDMRs

Peel HuntAnnouncement

28/10/2024 07:00

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RNS Number : 7662J  Peel Hunt Limited  28 October 2024

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  Nil-cost share options over the ordinary share capital of the Company
                             code

                                                                                                         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                                                          Not applicable

                             ·Price
 e.                          Date of the transaction                                                     25 October 2024
 f.                          Place of the transaction                                                    Outside a trading venue

 

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  Nil-cost share options over the ordinary share capital of the Company
                             code

                                                                                                         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                                                          Not Applicable

                             ·Price
 e.                          Date of the transaction                                                     25 October 2024
 f.                          Place of the transaction                                                    Outside a trading venue

 

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

 

 

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