23 March 2022
Peel Hunt Limited
("Peel Hunt" or the "Company")
Director / PDMR Shareholding
Following a dematerialisation of Peel Hunt shares of no par value ("Ordinary Shares") held by the directors, the Company announces that on 23 March 2022 it was notified of the following transfers:
- Lucinda Riches, Non-Executive Director of the Company, transferred her entire holding of Ordinary Shares to a third party nominee, Wealth Nominees Limited. Lucinda Riches' beneficial interest in the Company remains unchanged at 21,929 Ordinary Shares (representing 0.02% of the Company's total issued share capital).
- Steven Fine, Chief Executive Officer and Director of the Company, transferred his entire holding of Ordinary Shares to a third party nominee, Wealth Nominees Limited. Steven Fine's beneficial interest in the Company (including Ordinary Shares held via a SIPP) remains unchanged at 5,477,351 Ordinary Shares (representing 4.46% of the Company's total issued share capital).
- Sunil Dhall, Chief Financial and Operating Officer and Director of the Company, transferred his entire holding of Ordinary Shares to a third party nominee, Wealth Nominees Limited. Sunil Dhall's beneficial interest in the Company remains unchanged at 2,143,362 Ordinary Shares (representing 1.75% of the Company's total issued share capital).
The Company was also further notified that Richard Brearley, Non-Executive Director of the Company, transferred 20,000 Ordinary Shares to his wife, Mrs Sarah Brearley. Mr and Mrs Brearley's beneficial interest in the Company remains unchanged at 20,000 Ordinary Shares (representing 0.02% of the Company's total issued share capital).
Further details are set out in the PDMR forms 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 Steven Fine, CEO Sunil Dhall, CFOO
| via. Engine MHP |
| Engine MHP (Financial PR) Andrew Jaques Charlie Barker Rachel Mann Robert Collett-Creedy
| +44 (0) 203 128 8540 / +44 (0) 203 128 8549 peelhunt@mhpc.com |
| Keefe, Bruyette & Woods, a Stifel Company Alistair McKay Alberto Moreno Blasco Fred Walsh Dennis Towers
| +44 (0) 207 710 7600 |
| Grant Thornton UK LLP (Nominated Adviser) Colin Aaronson Daphne Zhang | +44 (0) 20 383 5100 |
Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them
| 1 | Details of the person discharging managerial responsibility / person closely associated
| ||
|
a) |
Name |
Lucinda Riches | |
| 2 | Reason for the notification | ||
|
a) |
Position/status |
Independent Non-executive Director | |
|
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 |
Peel Hunt Limited Ordinary Shares | |
|
Identification code |
Ordinary share ISIN : GG00BLGZJW08 | ||
|
b) |
Nature of transaction |
Transfer into a nominee holding account, Wealth Nominees Limited | |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| Nil | 21,929 | ||
|
d) |
Aggregated information | ||
|
Aggregated volume |
n/a - single transaction | ||
|
Price |
Nil | ||
|
e) |
Date of transaction |
21 March 2022 | |
|
f) |
Place of transaction |
Off market | |
| 1 | Details of the person discharging managerial responsibility / person closely associated
| ||
|
a) |
Name |
Steven Fine | |
| 2 | Reason for the notification | ||
|
a) |
Position/status |
Chief Executive Officer and Director | |
|
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 |
Peel Hunt Limited Ordinary Shares | |
|
Identification code |
Ordinary share ISIN : GG00BLGZJW08 | ||
|
b) |
Nature of transaction |
Transfer into a nominee holding account, Wealth Nominees Limited | |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| Nil | 4,864,851 | ||
|
d) |
Aggregated information | ||
|
Aggregated volume |
n/a - single transaction | ||
|
Price |
Nil | ||
|
e) |
Date of transaction |
21 March 2022 | |
|
f) |
Place of transaction |
Off market | |
| 1 | Details of the person discharging managerial responsibility / person closely associated
| ||
|
a) |
Name |
Sunil Dhall | |
| 2 | Reason for the notification | ||
|
a) |
Position/status |
PDMR (Chief Financial and Operating Officer and Director) | |
|
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 |
Peel Hunt Limited Ordinary Shares | |
|
Identification code |
Ordinary share ISIN : GG00BLGZJW08 | ||
|
b) |
Nature of transaction |
Transfer into a nominee holding account, Wealth Nominees Limited | |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| Nil | 2,143,362 | ||
|
d) |
Aggregated information | ||
|
Aggregated volume |
n/a - single transaction | ||
|
Price |
Nil | ||
|
e) |
Date of transaction |
21 March 2022 | |
|
f) |
Place of transaction |
Off market | |
| 1 | Details of the person discharging managerial responsibility / person closely associated
| ||
|
a) |
Name |
Richard Brearley | |
| 2 | Reason for the notification | ||
|
a) |
Position/status |
Independent Non-executive Director | |
|
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 |
Peel Hunt Limited Ordinary Shares | |
|
Identification code |
Ordinary share ISIN : GG00BLGZJW08 | ||
|
b) |
Nature of transaction |
Transfer to wife, Sarah Brearley | |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| Nil | 20,000 | ||
|
d) |
Aggregated information | ||
|
Aggregated volume |
n/a - single transaction | ||
|
Price |
Nil | ||
|
e) |
Date of transaction |
21 March 2022 | |
|
f) |
Place of transaction |
Off market | |
| 1 | Details of the person discharging managerial responsibility / person closely associated
| ||
|
a) |
Name |
Sarah Brearley | |
| 2 | Reason for the notification | ||
|
a) |
Position/status |
Person Closely Associated of Richard Brearley | |
|
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 |
Peel Hunt Limited Ordinary Shares | |
|
Identification code |
Ordinary share ISIN : GG00BLGZJW08 | ||
|
b) |
Nature of transaction |
Receipt of transferred Ordinary Shares from spouse | |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
| Nil | 20,000 | ||
|
d) |
Aggregated information | ||
|
Aggregated volume |
n/a - single transaction | ||
|
Price |
Nil | ||
|
e) |
Date of transaction |
21 March 2022 | |
|
f) |
Place of transaction |
Off market | |
** Ends **
Notes to editors:
Peel Hunt is a leading specialist in UK Investment Banking, ranked number one broker for UK mid and small-cap companies in Institutional Investor's latest Europe Survey. Our purpose is to nurture and guide people through the evolution of business. We achieve this through a proven, joined-up approach that consistently delivers value to UK corporates, global institutions and trading counterparties alike.
We have 163 corporate clients (including 33 in the FTSE 100 and FTSE 250), with an average market capitalisation of approximately £700m. Our award-winning research is distributed to over 1,245 institutions across the UK, Europe and US. Our trading platform makes markets in over 10,000 instruments in 38 markets and is an increasingly important provider of trade execution services to the UK retail platforms and brokers.
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