Norton Rose Fulbright advises joint bookrunners and nomad on Peel Hunt £280m IPO

Global law firm Norton Rose Fulbright has advised Peel Hunt LLP and Stifel Nicolaus Europe Limited (trading as Keefe, Bruyette & Woods) as joint global coordinators and joint bookrunners and Grant Thornton as nominated adviser on leading UK mid and small cap investment bank’s Peel Hunt Limited’s placing of new and existing shares and admission to trading on AIM.

Peel Hunt’s market capitalisation is expected to be £280 million, with the fundraising having conditionally raised gross proceeds for Peel Hunt and its selling shareholders of approximately £112 million, of which approximately £3.5 million was raised in aggregate in an intermediaries offer and employee offer conducted by the company.

The cross-border Norton Rose Fulbright team, which was led by London-based corporate partner Clementine Hogarth, comprised London partners Tom Vita (US securities), Hannah Meakin (financial services regulation), Dominic Stuttaford (tax) and Paul Griffin (employment) and corporate senior associate Samantha Hurrell and associate Ian Forbes. Corporate partners Bruce Sheiner (Toronto) Nicholas Wilson (Hong Kong) provided international securities law advice.

Clementine Hogarth commented: “We are delighted to have advised the joint bookrunners and nomad on the successful IPO of Peel Hunt, which marks an exciting new chapter for the company.”