NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.  THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION UNDER THAT ACT OR AN AVAILABLE EXEMPTION FROM IT. THERE WILL BE NO PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES.  PLEASE SEE THE SECTION ENTITLED "DISCLAIMERS" AT THE END OF THIS ANNOUNCEMENT.

29 September 2021 

Peel Hunt Limited

(the "Company" and, together with its subsidiaries, "Peel Hunt" or the "Group")

ADMISSION TO TRADING ON AIM AND FIRST DAY OF DEALINGS

Peel Hunt, a leading UK mid and small-cap specialist investment bank, is pleased to announce the admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange. Admission will take place and dealings will commence at 8.00 a.m. today under the ticker PEEL and ISIN GG00BLGZJW08.

The Company's Admission Document is available to view on the Company's website at https://www.peelhunt.com/

Steven Fine, Chief Executive Officer of Peel Hunt, commented:

"Today marks the next exciting chapter in Peel Hunt's journey after more than a decade of significant growth. We're delighted to return the company to the public markets and take advantage of the opportunity to accelerate our growth plans, building on the strong momentum in our business.

I am extremely pleased to welcome our new shareholders and would like to thank them for their support. We look forward to serving them and further strengthening our position as a leading UK mid and small-cap focused investment bank."

For further information, please contact:

Peel Hunt   via. Engine MHP

Steven Fine, CEO  

Sunil Dhall, CFOO

Engine MHP (Financial PR)                          +44 (0) 203 128 8540 / +44 (0) 203 128 8549

Andrew Jaques                                                 peelhunt@mhpc.com

Charlie Barker

Rachel Mann

Robert Collett-Creedy

 Keefe, Bruyette & Woods, a Stifel Company (Joint Global Co-ordinator and Joint Bookrunner in respect of the Placing and Broker to the Company) 

Alistair McKay                                                                           +44 (0) 207 710 7600

Alberto Moreno Blasco

Fred Walsh

Dennis Towers

Peel Hunt LLP (Joint Global Co-ordinator and Joint Bookrunner in respect of the Placing and Intermediaries Offer Adviser in respect of the Intermediaries Offer)

Alastair Rae                                                                                +44 (0) 20 7418 8900

Sohail Akbar

Rishi Shah

Grant Thornton UK LLP (Nominated Adviser)                     +44 (0) 20 383 5100

Colin Aaronson                                                

Lukas Girzadas

Evercore Partners International LLP (Financial Adviser)   +44 (0) 207 653 6000

Andrew Sibbald

Peter Phipson

Lucy Berryman

Max Fallstrom

Notes to editors:

Peel Hunt is a leading provider of investment banking services to mid and small-cap companies in the UK, with a consistent track record of investment and growth across its business since establishment in 1989. Its operations are supported by differentiated proprietary technology and each of its three divisions, Investment Banking, Research & Distribution and Execution & Trading, is a leading participant in its respective markets.

As at 31 August 2021, the Group had 157 corporate clients with an average market capitalisation of approximately £775 million. Its award-winning research is provided to over 1,200 institutions, with strong distribution coverage across the UK and US.

The Group also has a market leading trading platform that 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. In the financial year ended 31 March 2021 ("FY21") 47 per cent. of all retail trade value in the UK was dealt on its trading platform, up from 19 per cent. in FY17.

In FY21 the Group continued its strong performance momentum, generating revenues of £196.8 million, up from £95.5 million in the previous year.

DISCLAIMERS

This announcement is for information only and does not constitute, or form part of, any offer to issue or sell or an invitation to subscribe for or purchase, or any solicitation of any offer to purchase or subscribe for, or any recommendation regarding any investment in the ordinary shares of the Company or the provision of investment advice. 

This announcement may not be published, distributed or transmitted by any means or media, directly or indirectly, in whole or in part, in or into the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "US Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and, subject to limited exceptions, will not be offered, sold, exercised, resold, transferred or delivered, directly or indirectly, in or into the United States or to, or for the account or benefit of, any US person (as defined under Regulation S under the US Securities Act). The Company has not been, and will not be, registered under the U.S. Investment Company Act of 1940, as amended. No public offering of securities is being made in the United States.

Neither this announcement nor any copy of it may be taken, transmitted, published or distributed in or into Australia, Japan or the Republic of South Africa or to any persons in any of those jurisdictions or any other jurisdiction where to do so would constitute a violation of the securities laws or the laws of any such jurisdiction.  Persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.  Any failure to comply with these restrictions may constitute a violation of the securities laws or the laws of any such jurisdiction.

Peel Hunt LLP is authorised and regulated in the United Kingdom by the FCA, and is acting exclusively for the Company as joint global co-ordinator and joint bookrunner in respect of the Placing and Admission and as intermediaries offer adviser in respect of the Intermediaries Offer and no-one else in connection with the Placing,  Admission, the Intermediaries Offer or the Employee Offer and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Placing, Admission, the Intermediaries Offer, the Employee Offer or any other transaction, document or arrangement referred to in this announcement  and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for giving advice in relation to the Placing, Admission, the Intermediaries Offer, the Employee Offer or any other transaction, document or arrangement referred to in this announcement.

Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette & Woods) is authorised and regulated in the United Kingdom by the FCA, and is acting exclusively for the Company as joint global co-ordinator and joint bookrunner in respect of the Placing and Admission and as the Company's broker and no-one else in connection with the Placing or Admission and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Placing, Admission or any other transaction, document or arrangement referred to in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for giving advice in relation to the Placing, Admission or any other transaction, document or arrangement referred to in this announcement.

Grant Thornton UK LLP is authorised and regulated in the United Kingdom by the FCA, and is acting exclusively for the Company as nominated adviser and no-one else in connection with the Offer and Admission and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Offer or Admission and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for giving advice in relation to the Offer, Admission or any other transaction, document or arrangement referred to in this announcement. Its responsibilities as the Company's nominated adviser under the AIM Rules for Companies and AIM Rules for Nominated Advisers are owed solely to London Stock Exchange plc and are not owed to the Company or any director of the Company or to any other person in respect of any decision to subscribe for and/or acquire Ordinary Shares in reliance on any part of this announcement.

Evercore Partners International LLP is authorised and regulated in the United Kingdom by the FCA, and is acting exclusively for the Company as financial adviser and no-one else in connection with the Offer and Admission and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Offer or Admission and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for giving advice in relation to the Offer, Admission or any other transaction, document or arrangement referred to in this announcement.