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News

Proposed Firm Placing and Placing, Open Offer and Offer for Subscription for up to £60m  - Primary Health Properties
Peel Hunt is acting for PHP on its Proposed Firm Placing and Placing, Open Offer and Offer for Subscription to raise up to £60m announced on 22nd May, 2013 where shares are being issues at 315 pence per share, representing a discount of 6.3% to the closing price of 336.25 pence per Ordinary Share on 21 May, 2013. PHP has the ability to increase the size of the capital raising to £75m.

New Corporate Client – Tangiers Petroleum
Peel Hunt has been appointed as joint corporate broker to ASX and AIM listed Tangiers Petroleum Ltd, an independent oil E & P company with interests in Africa and Australia.

£10.25m Tender Offer by Peel Hunt – Hasgrove plc
Peel Hunt is acting as NOMAD and corporate broker to Hasgrove plc in its proposed cash return of up to £10.25m by tender offer at 82 pence per share and a proposal to cancel its admission to AiM.

New Corporate Client – Breedon Aggregates
Peel Hunt has been appointed as joint corporate broker to AIM-listed Breedon Aggregates Ltd, the largest independent aggregates business in the UK.

Report calls for the introduction of a minimum retail offer in forthcoming privatisations
A report published today by Peel Hunt, the independent full-service broking and advisory house, and the Association of Private Client Investment Managers (APCIMS), states that retail investors are unfairly excluded from UK IPOs and calls for Government to guarantee retail access during the forthcoming sale of government assets.