LONDON - Luceco (LON:LUCEL) plc, known for supplying a range of electrical products, has announced the appointment of Peel Hunt (LON:PEEL) LLP as its joint corporate broker. Peel Hunt will work in conjunction with the company's current broker, Deutsche Numis, effective immediately.
Luceco, listed on the London Stock Exchange (LON:LSEG) under the ticker LSE:LUCE, specializes in the manufacture and distribution of wiring accessories, EV chargers, LED lighting, and portable power products. The collaboration with Peel Hunt is expected to support Luceco's strategic initiatives and financial communications.
The announcement did not disclose the terms of the appointment or specific reasons for selecting Peel Hunt as a co-broker. However, Peel Hunt is recognized for its expertise in equity markets and is anticipated to complement the services provided by Deutsche Numis.
This move comes as part of Luceco's ongoing efforts to enhance its market position and ensure robust representation in the financial markets. The company's CEO, John Hornby (LON:HRN), and CFO, Will Hoy, can be reached for comment through MHP Communications, which handles inquiries on behalf of Luceco.
Peel Hunt, a well-established firm in the UK, offers a range of services including investment banking, research, sales, and trading. The firm's appointment as joint corporate broker is poised to assist Luceco in achieving its corporate objectives.
The information regarding the appointment of Peel Hunt as joint corporate broker is based on a press release statement.
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