tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Peel Hunt executives adjust holdings after exercising nil-cost share options

Story Highlights
  • Peel Hunt executives exercised nil-cost options and sold shares, updating their equity stakes.
  • Michael Lee and Billy Neve’s disclosed trades increase transparency around management incentives and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Peel Hunt executives adjust holdings after exercising nil-cost share options

Claim 70% Off TipRanks Premium

Peel Hunt Limited ( (GB:PEEL) ) has shared an update.

Peel Hunt Limited has disclosed changes in shareholdings by two of its executive directors following the exercise of nil-cost options under the company’s Long Term Incentive Plan. Chief Operating Officer Michael Lee exercised options over 119,998 ordinary shares and sold the entire allotment on the market at 108p per share, leaving him with 10,755 shares, or about 0.01% of voting rights, while Group Finance Director Billy Neve exercised options over 15,000 shares, sold 7,083 shares at the same price to cover tax liabilities and retained 7,917 shares, increasing his holding to 45,330 shares, or roughly 0.04% of voting rights; the transactions, which relate to awards granted before their appointments as executive directors, provide transparency on management equity incentives and are disclosed in line with UK Market Abuse Regulation.

The most recent analyst rating on (GB:PEEL) stock is a Hold with a £110.00 price target. To see the full list of analyst forecasts on Peel Hunt Limited stock, see the GB:PEEL Stock Forecast page.

Spark’s Take on GB:PEEL Stock

According to Spark, TipRanks’ AI Analyst, GB:PEEL is a Neutral.

Peel Hunt Limited’s overall stock score reflects a mix of financial challenges and strategic improvements. The company’s financial performance is hindered by profitability issues and leverage, but recent corporate events show promising strategic progress. Technical indicators suggest a stable outlook, while valuation remains moderate.

To see Spark’s full report on GB:PEEL stock, click here.

More about Peel Hunt Limited

Peel Hunt Limited is a leading international investment bank focused on supporting UK mid-cap and growth companies. It offers integrated investment banking services including equity and private capital markets, M&A, debt advisory, investor relations and corporate broking, underpinned by research, distribution and execution services that provide liquidity to UK capital markets. The company is admitted to trading on AIM in London and operates from offices in London, New York, Copenhagen and Abu Dhabi.

Average Trading Volume: 94,325

Technical Sentiment Signal: Buy

Current Market Cap: £126M

For detailed information about PEEL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1