Overview

We understand equity capital markets. Our specialist lawyers provide straightforward, pragmatic advice to a range of clients who want to take their company public, complete a secondary fundraising, move from AIM to the Official List or want to take a company private. We work to ensure our clients are able to navigate the difficult aspects of complying with the UK regulatory regime and are able to access the right investors for their business. Our clients are a mixture of issuers, financial advisers, nomads and shareholders.

Our expertise in equity capital markets combines considerable experience of complex ECM legal work with specialist practice and sector knowledge. We collaborate with other specialist lawyers throughout our firm to provide you with expert advice on accessing equity capital markets. Our sector specific advice will enhance any work we do for you in the capital markets.

Areas of focus

Our expertise in ECM work includes advising on the following:

  • IPOs on the Official List and AIM.
  • Secondary fundraisings.
  • Demergers.
  • Capital reorganisations.
Experience

Advising Helius Energy plc on a series of secondary fundraisings, including a placing and open offer arranged by Numis Securities Limited, and its disposal of a substantial asset in accordance with the AIM Rules.

Advising Newbury Racecourse plc on its fully underwritten rights issue and separately advising the board of directors of Newbury Racecourse plc on successfully defending a hostile takeover offer by Guinness Peat Group plc.

Advising ITM Power plc on a series of secondary fundraisings, including a placing and open offer arranged by Zeus Capital Limited.

Advising Gooch & Housego plc in relation to its fully underwritten secondary placing to fund an acquisition of a US based competitor.

Advising WH Ireland Limited on a series of secondary fundraisings by AIM quoted companies including most recently 1pm plc's secondary placing and open offer and its related acquisition of MH Holdings (UK) Limited and Pittards plc's secondary placing and open offer.

Advising a range of public companies, including National Express Group plc, Babcock International Group plc, Michelmersh Brick Holdings plc and Gooch & Housego plc, on various corporate governance issues and their continuing obligations under the Listing Rules, the Disclosure and Transparency Rules and the AIM Rules (as appropriate).

Advising UKRD Group Limited on its successful hostile takeover for the Local Radio Company plc (AIM quoted company).

Advising Michelmersh Brick Holdings plc in relation to its secondary placing arranged by Cenkos Securities plc.

Advising W H Ireland Limited and Shore Capital Limited as joint brokers to Mar City plc on its secondary placing.

Advising Supercart plc in respect of a placing arranged by Charles Stanley Securities which involved a Rule 9 whitewash.

Advising Oriel Securities Limited in its capacity as nominated adviser and broker to Pantheon Resources plc on its secondary placing.

Advising Southern Fox Investments Limited, underwriting an open offer by TEG Group plc.

Meet the team
Nick Graves

Nick Graves Partner

  • Corporate Advice
  • Mergers and Acquisitions
  • Reorganisations and Demergers
Alan Barr

Alan Barr Partner

  • Corporate
  • Food and Farming
  • Transport
Dominic Davis

Dominic Davis Partner

  • Corporate
  • Mergers and Acquisitions
  • Joint Ventures
Chris Godfrey

Chris Godfrey Partner

  • Corporate
  • Funds and Asset Management
  • Financial Services
Mark Shepherd

Mark Shepherd Partner

  • Head of Private Equity
  • Corporate
  • Healthcare
Richard Spink

Richard Spink Partner

  • Head of Corporate
  • Mergers and Acquisitions
  • Private Equity
Rupert Weston

Rupert Weston Partner

  • Corporate
  • Hotels
  • Mergers and Acquisitions