PEEL HUNT LIMITED

AGM Information • Jul 7, 2022

National Storage Mechanism | Additional information

RNS Number : 7294R

Peel Hunt Limited

07 July 2022

7 July 2022

Peel Hunt Limited

("Peel Hunt" or the "Company")

Board Changes, Change of Company Secretary and Results of AGM

Following the AGM held today, Peel Hunt provides the following updates:

Board Changes

The Company is pleased to announce that Lucinda Riches has been appointed as Chair effective immediately. Lucinda replaces Simon Hayes, who has stepped down from the Board after nearly thirty years with Peel Hunt, serving as CEO from 2006 and Chair from 2016. The Board would like to thank Simon for his stewardship and the significant role he has played in the success of the business over the years.

Commenting on her new role, Lucinda Riches said:

"I'm delighted to be taking over as Chair and leading the Company in its next phase of growth. Having worked closely with the Board since my appointment, I look forward to crystallising our strategic plan and realising our future opportunities. I am grateful for Simon's knowledge and insight of the business which has been invaluable during our transition."

Simon Hayes, departing as Chair, said:

"It has been a privilege to spend nearly thirty years with Peel Hunt and I am proud of what has been achieved.  Having worked closely with Lucinda over the last year, I know that, under her leadership, the Company is in excellent hands and that there is still so much more to come. 

I wish everyone at Peel Hunt every success and look forward to seeing their strategic ambitions come to fruition."

Steven Fine, Chief Executive of Peel Hunt, said:

"I want to express my gratitude and personal thanks to Simon. Having worked with him for many years, his commitment, passion and advice have been invaluable. He has led the Board through a successful IPO and transition to a public listed company. He departs with our very best wishes for the future."

Appointment of Company Secretary

The Company is pleased to further announce the appointment of our General Counsel, Michael Lee as Company Secretary with immediate effect. Consequently, Sunil Dhall, Chief Financial & Operating Officer and Company Secretary has relinquished his role as Company Secretary.

Results of the AGM

Following the Annual General Meeting held today, 7 July 2022, Peel Hunt announces the result of the poll vote for each resolution as follows:

	VOTES FOR	%	VOTES AGAINST	%	VOTES WITHHELD
1.   Report and Accounts for the year ended 31 March 2022	46,390,070	100.00	964	0.00	0
2.   Approve the final dividend  for the year ended 31 March 2022	46,391,034	100.00	0	0.00	0
3.   Approve the Directors Remuneration Report for the year ended 31 March 2022	45,805,179	98.74	585,855	1.26	0
4.   To re-appoint PwC as auditor	46,384,346	99.99	6,688	0.01	0
5.   To authorise the Directors to determine the auditor remuneration	46,383,934	99.98	7,100	0.02	0
6.   To elect Lucinda Riches	46,385,570	99.99	5,464	0.01	0
7.   To elect Steven Fine	46,385,570	99.99	5,464	0.01	0
8.   To elect Sunil Dhall	46,385,570	99.99	5,464	0.01	0
9.   To elect Maria Bentley	46,385,570	99.99	5,464	0.01	0
10.  To elect Liz Blythe	46,385,570	99.99	5,464	0.01	0
11.  To elect Richard Brearley	46,385,570	99.99	5,464	0.01	0
12.  To elect Darren Carter	46,385,570	99.99	5,464	0.01	0
13.  To authorise the Company to purchase its own shares	40,518,254	99.98	7,341	0.02	5,865,439
14.  To dis-apply pre-emption rights	46,373,693	99.96	17,341	0.04	0
15.  To dis-apply pre-emption rights on additional 5% of shares	46,373,693	99.96	17,341	0.04	0

For further information, please contact:

Peel Hunt via MHP
Steven Fine, CEO Sunil Dhall, CFOO
MHP (Financial PR)	+44 (0)20 3128 8540 peelhunt@mhpc.com
Andrew Jaques Charlie Barker Robert Collett-Creedy
Grant Thornton UK LLP (Nominated Adviser)	+44 (0)20 7728 2942
Colin Aaronson Daphne Zhang Sam Littler
Keefe, Bruyette & Woods (Corporate Broker)	+44 (0) 207 710 7600
Alistair McKay  Alberto Moreno Blasco Fred Walsh Dennis Towers

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 2021 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 165 corporate clients (including 34 in the FTSE 350), with an average market capitalisation of approximately £600m. Our award-winning research is distributed to over 1,235 institutions across the UK, Europe and US. Our trading platform makes markets in over 10,000 instruments on over 45 markets and is an increasingly important provider of trade execution services to UK retail platforms and brokers.

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