Notification of transactions by PDMRs

Peel Hunt Limited

17 July 2026

 

17 July 2026

Peel Hunt Limited

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

Notification of transactions by PDMRs

The Company announces that, on 15 July 2026, performance share awards in the form of nil-cost options were granted to the Executive Directors of the Company under the Peel Hunt Long Term Incentive Plan ("LTIP") (the "LTIP Awards"). In addition, Michael Lee, Chief Operating Officer, was granted a deferred share award in the form of a nil-cost option over ordinary shares in the Company in respect of the mandatory deferral of a portion of his FY26 annual variable remuneration (the "Deferred Share Award").

The LTIP Awards and the Deferred Share Award were granted in accordance with the Company's Directors' Remuneration Policy, details of which are set out in the Company's Annual Report for the year ended 31 March 2026. The LTIP Awards represent the second awards made under the LTIP.

The number of ordinary shares subject to the LTIP Awards is set out below:

Director	Award shares
Steven Fine	1,330,049
Michael Lee	443,350
Billy Neve	221,675

In accordance with the remuneration deferral requirements under the MIFIDPRU Remuneration Code (SYSC 19G) applicable under the Investment Firms Prudential Regime ("IFPR"), £90,000 of Michael Lee's FY26 cash bonus was required to be deferred. The deferred amount was delivered in the form of a Deferred Share Award over 88,670 ordinary shares in the Company, calculated by reference to a share price of 101.5 pence, and will vest in equal tranches over a three-year period, subject to the terms of the award.

The number of ordinary shares subject to each LTIP Award was calculated by reference to a share price of 101.5 pence.

Vesting of the LTIP Awards is subject to a cumulative EPS performance condition measured over the three financial years ending 31 March 2029. No part of an LTIP Award will vest below threshold performance. At or above threshold, between 25% and 100% of an LTIP Award may vest, depending on the level of cumulative EPS achieved. Any vested LTIP Awards will be subject to a further six-month holding period during which they cannot be sold. In addition, Executive Directors are required to retain at least 50% of the net shares vesting under share-based awards granted to them in their capacity as Executive Directors as needed to build and maintain a shareholding in the Company. Further details are set out in the Company's 2026 Annual Report.

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: via Sodali & Co

Steven Fine, CEO

Michael Lee, COO

Billy Neve, Group Finance Director

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

About Peel Hunt

Peel Hunt is a leading international investment bank specialising in supporting UK 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, 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, Copenhagen and Abu Dhabi.

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 buy or sell any securities or financial instruments in any jurisdiction, or any advice or recommendation with respect to any securities or financial instruments.

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	Grant of performance share awards in the form of nil-cost options under the Peel Hunt Long Term Incentive Plan
c.	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 1,330,049
d.	Aggregated information ·Aggregated volume ·Price	Not applicable
e.	Date of the transaction	15 July 2026
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Michael Lee
2.	Reason for the notification
a.	Position/status	Chief 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	Grant of performance share awards in the form of nil-cost options under the Peel Hunt Long Term Incentive Plan
c.	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 443,350
d.	Aggregated information ·Aggregated volume ·Price	Not applicable
e.	Date of the transaction	15 July 2026
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Billy Neve
2.	Reason for the notification
a.	Position/status	Group Finance 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 Identification code	Nil-cost share options over the ordinary share capital of the Company Ordinary Share ISIN: GG00BLGZJW08
b.	Nature of the transaction	Grant of performance share awards in the form of nil-cost options under the Peel Hunt Long Term Incentive Plan
c.	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 221,675
d.	Aggregated information ·Aggregated volume ·Price	Not applicable
e.	Date of the transaction	15 July 2026
f.	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Michael Lee
2.	Reason for the notification
a.	Position/status	Chief 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 option over the ordinary share capital of the Company pursuant to a Deferred Share Award Ordinary Share ISIN: GG00BLGZJW08
b.	Nature of the transaction	Grant of a Deferred Share Award in respect of the mandatory deferral of a portion of annual variable remuneration in accordance with the remuneration deferral requirements under IFPR
c.	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 88,670
d.	Aggregated information ·Aggregated volume ·Price	Not applicable
e.	Date of the transaction	15 July 2026
f.	Place of the transaction	Outside a trading venue

 

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