Speculation had linked Peters with a move to Prenton Park, having guided the Shrews to a top half finish in League Two this season.
But he insisted: "It's not going to happen. I like it here and am only halfway through a job.
"We've got a lot of exciting things going on here. I want to get the team promoted, either before we move to the new stadium or whilst we are in there and I want to be involved in that.
"I'm not interested in any other jobs no matter what level they are at. I don't consider money to be that important - as long as the board of directors are happy with my work and feel they are paying me as much as they can afford to pay and being fair to me then that's fine."