London Stock Exchange welcomes Peel Hunt to AIM
London Stock Exchange today welcomes Peel Hunt, a leading UK mid and small-cap specialist investment bank, onto the Alternative Investment Market (AIM) of London Stock Exchange.
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. 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.
The successful placing, which was comfortably oversubscribed, values the Company at £280m. Grant Thornton acted as Nominated Advisor and KBW acted as Broker to the Company, with Evercore acting as Financial Adviser. MHP Communications is advising on financial PR.