Softcat plc is adding a second corporate broker as the UK IT infrastructure products and services provider adjusts its adviser lineup. Peel Hunt takes on the role with immediate effect and will work alongside existing broker J.P. Morgan Cazenove.
Highlights
- Softcat has appointed Peel Hunt LLP as joint corporate broker, effective immediately, alongside existing broker J.P. Morgan Cazenove.
- The appointment aims to enhance Softcat's investor engagement and capital markets activities with no impact on existing operations or financial guidance.
- Graham Charlton, Katy Mecklenburgh, and Michael Watts remain key Softcat contacts, with FTI Consulting LLP also involved in the advisory setup.
Broker appointment takes effect immediately
As reported by London Stock Exchange, citing Regulatory News Service, Softcat says its board has appointed Peel Hunt LLP as joint corporate broker with immediate effect.The company describes itself as a leading UK provider of IT infrastructure products and services. Under the new arrangement, Peel Hunt will act alongside J.P. Morgan Cazenove.
Adviser setup supports market engagement
Corporate broker appointments are typically used by listed companies to support investor engagement and capital markets activity. The announcement does not set out any further changes to Softcat's operations or financial guidance.Softcat lists Graham Charlton, Chief Executive Officer, Katy Mecklenburgh, Chief Financial Officer, and Michael Watts, Head of Investor Relations, as contacts for further information. FTI Consulting LLP is also named in the notice.
In our earlier article on J.P. Morgan’s upgraded S&P 500 outlook, we covered the bank’s decision to lift its end-2026 index target to 8,000 on expectations of AI-driven earnings growth and stronger corporate results. We also noted the accompanying upward revisions to S&P 500 EPS forecasts, while highlighting that higher rates, geopolitical risks, and heavy capital markets issuance could still limit valuation expansion.
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