Certain Ordinary Shares of Peel Hunt Limited are subject to a Lock-Up Agreement Ending on 29-SEP-2023. These Ordinary Shares will be under lockup for 730 days starting from 29-SEP-2021 to 29-SEP-2023.

Details:
Each of the Directors and selling shareholders have agreed that, subject to certain customary exceptions, during the period of 12 months from the date of Admission, he/she will not, without the prior consent of the Joint Bookrunners, offer, sell or contract to sell, or otherwise dispose of, directly or indirectly, any Ordinary Shares.

Pursuant to the Lock-up and Clawback Deed, each of the members of Peel Hunt LLP who becomes an employee of the Group (the ?Employee Shareholders?) as a result of the Pre-IPO Reorganisation, has agreed that in each of the second, third and fourth year following Admission, he/she will not, without the prior written consent of the Company and subject to certain customary exceptions, offer, sell or contract to sell, or otherwise dispose of, directly or indirectly, more than 25 per cent. of (or, if greater, 22,000 of) the Ordinary Shares to be held by him/ her immediately following Admission.