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LONDON - Peel Hunt Limited confirmed Thursday the appointment of Michael Lee as Chief Operating Officer and Billy Neve as Group Finance Director to its board with immediate effect, following the company’s earlier announcement of proposed board changes on May 14.
Lee brings 25 years of experience across professional services and investment banking, including 15 years in UK mid-market investment banking at Peel Hunt and previously at Numis (now Deutsche Numis). A qualified solicitor who previously worked at Linklaters and Latham & Watkins, Lee has experience in legal, risk, compliance, internal audit, governance, strategy, business performance, talent and change management.
Neve has over 15 years of experience in finance management roles across investment banking, asset management and insurance. A chartered management accountant, he has background in financial reporting, strategy, budgeting and regulatory compliance.
According to the company statement, Lee holds 10,755 Peel Hunt ordinary shares representing 0.01% of voting rights, while Neve holds 30,973 shares representing 0.03% of voting rights.
The company noted that there are no other matters required to be disclosed pursuant to Rule 17 or paragraph (g) of Schedule Two to the AIM Rules for Companies regarding the appointments of Lee and Neve.
The announcement confirms the board changes that were initially proposed by the company in May.
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