New Debt Capital Markets Business

10 May 2022

RNS Reach

WH Ireland Group Plc

(“WH Ireland”, the “Group” or the “Company”)

New Debt Capital Markets business

Creating a full service offering across the debt and equity markets

WH Ireland (AIM: WHI) is pleased to announce the establishment of a new Debt Capital Markets (“DCM”) business to complement the Group’s existing Equity Capital Markets and Private Growth Capital businesses. This creates a full service Capital Markets offering, enabling our clients to undertake a variety of strategic fundraising options to ensure the best possible outcome for their businesses.

The DCM business has been established following a number of senior appointments, as follows:

·    Stuart Galvin – Managing Director and Head of Debt Products Group

·    Scott Beattie – Managing Director and Head of DCM

·    David Kent – Managing Director, DCM

·    Patrick King – Managing Director and Head of Fixed Income Sales

·    Mark Truman – Managing Director and Head of Debt Trading

Collectively, the team averages over 30 years of experience in disciplines such as corporate finance, fixed income, equity and convertible products and alternative assets across the UK, European and Asian capital markets, with previous experience at financial institutions including Peel Hunt, Oppenheimer, Robert Fleming & Co, Deloitte, Herbert Smith, Equiniti, Williams de Broe, BNP Paribas, Prudential Bache, Merrill Lynch, Jefferies International and JP Morgan.

WH Ireland recently completed its first DCM transaction, as joint lead manager to EnQuest PLC following the launch of its sterling denominated 9% guaranteed retail eligible notes, which successfully raised £133m, as announced on 21 April 2022.

Commenting on today’s announcement, Phillip Wale, CEO of WH Ireland, said:

“On behalf of the Company, I am delighted to welcome Stuart, Scott, David, Patrick and Mark to WH Ireland. Together, these new hires bring a significant wealth of knowledge and expertise across debt capital markets, with a proven track record of origination and execution.

“This new DCM capability ensures that WH Ireland’s successful Capital Markets division can provide a full service equity and debt offering to support the various fundraising and advisory needs of our broad and growing client base.”

Stuart Galvin, Managing Director and Head of Debt Products Group, said:

“We are all delighted to be joining WH Ireland at this exciting time and to have delivered our first successful transaction for the firm. We look forward to helping Phillip and the team continue to build out a broader Capital Markets business”.

Biographies of new appointees

Stuart has over 30 years of experience in fixed income, equity and equity-linked products at major banks across the UK, European and Asian markets, including Peel Hunt, Cenkos, Canaccord and JP Morgan.

Scott is a seasoned finance professional, with more than 30 years of experience in originating and executing transactions, having previously worked for Peel Hunt, Oppenheimer and Robert Fleming & Co.

David is a senior capital markets and corporate finance professional with over 25 years of experience in executing transactions across multiple markets and capital structures, and has previously had roles with Peel Hunt, Oppenheimer, Deloitte and Herbert Smith.

Patrick has more than 30 years of experience in fixed income, equity and convertible products in Europe, and has previously worked for Peel Hunt, Equiniti, Williams de Broe, BNP Paribas and Prudential Bache.

Mark has over 30 years of experience covering equities, fixed Income and alternative assets, and has previously had roles at Merrill Lynch, Jefferies International and WMG Advisors.

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