IN BRIEF: Peel Hunt to raise up to GBP4.5 million for RetailBook arm
13th May 2025 07:16
Peel Hunt Ltd - London-based broker and investment bank - Set to raise up to GBP4.5 million in an equity offer led by Augmentum Fintech PLC. Peel Hunt says the amount includes a GBP500,000 raise announced last month. It says GBP3.1 million of the raise already has been completed, with most of the remainder awaiting only regulatory approval. Peel Hunt won't take part in the raise, so its stake in RetailBook Holdings Ltd will fall below 50%, in line with its plan for RetailBook to be an independently owned and managed "industry utility". RetailBook gives retail investors access to new share issues by London-listed companies. Read More