Notification of transactions by PDMRs

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): [phone]

Justin Griffiths

Gilly Lock

Russ Lynch

[e-mail]

Grant Thornton UK LLP (Nominated Adviser): [phone]

Philip Secrett

Colin Aaronson

Elliot Peters

Keefe, Bruyette & Woods (Corporate Broker): [phone]

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

 

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