uk equity capital markets - addleshaw goddard · 2019. 9. 27. · 1 addleshaw goddard boasts a...

UK EQUITY CAPITAL MARKETS

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We engaged Addleshaw Goddard to work as our legal advisers during our IPO…We

were delighted with their contribution and professionalism…in advising, guiding,

and keeping things on track whilst at the same time maintaining good humour.

Their great support and partnership was a major factor in achieving a successful

listing and we continue working closely together

AN AIM CLIENT

Top quality legal advice....Hands-on and extremely diligent

LEGAL 500 UK, SMALL & MIDCAP FLOTATIONS

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A client says: “What I value is their can-do attitude - the fact that they very much

seem to be wanting to find solutions rather than saying ‘this is a problem’”

CHAMBERS UK, CAPITAL MARKETS

Addleshaw Goddard captures a significant share of the market for work from

AIM50 and AIM100 companies and also acts for a number of NOMADs


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Addleshaw Goddard boasts a market leading UK equity capital markets (“ECM”) practice representing listed companies and their financial advisers and brokers. We advise on the full range of ECM transactions including: initial public offerings (“IPOs”) involving share or depositary receipt issuers; secondary offerings (including rights issues, open offers, placings and offers for subscription) whether by way of accelerated book-build offering, block trade or otherwise; share capital reorganisations; share buy-backs and tender offers; and stock market regulated M&A.

Our wide ranging relationships with many of the leading nominated advisers and other bookrunners operating in the London stock markets provide us with a very deep understanding of the shifting expectations of different stock market intermediaries, something which can be of genuine benefit to our issuer clients in respect of their ECM transactions. Our ECM team also includes lawyers who have previously been seconded to London stockbroking firms.

We are consistently ranked as one of the leading legal advisers to FTSE AIM50 and FTSE AIM100 companies (the largest companies quoted on the AIM Market) and a leading adviser to FTSE100 and FTSE 250 companies on London’s Main Market. We are also ranked in the top tier amongst law firms advising on small and midcap flotations and other significant ECM transactions on the London stock markets and, over several years, have advised on some of the largest and most complex IPOs and other ECM transactions seen by the AIM Market.

Our ECM team works closely with our Tier 1 ranked Corporate Governance practice, offering ongoing advice to Main Market and AIM issuers in relation to compliance with market rules and corporate governance and a best-in-class service in relation to the production of annual reports and accounts. Our team is also supported by our Regulatory Investigations group, which assist issuers and their board members in relation to investigations or proceedings by the UK Financial Conduct Authority, the London Stock Exchange and other UK regulators and authorities.

Our broad experience across the market, going back many years, whether advising listed issuers (on the Main Market or AIM), stock market intermediaries, investors or directors gives us a very keen sense of best and latest market practice, which we can deploy to help generate the best outcomes for our clients with a minimum of fuss.

INTRODUCTION

Ranked by Legal 500 UK in the top tier of law firms for UK

small and midcap flotations

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SOME OF OUR MAIN MARKET AND AIM LISTED CLIENTS

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Active across a swathe of sophisticated AIM-related transactions, including flotations and secondary offerings.

Advises listed companies, brokers and NOMADs across the technology, financial

services and gaming sectors. Also advises on takeover assignments and

M&A

CHAMBERS UK, CAPITAL MARKETS

[Addleshaw Goddard] focuses on handling some of the most complex and high-value mandates in the AIM arena,

and also features prominently in mid-cap Main Market matters


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A selection of our experience includes:

Proposed £175m Main Market IPO of Multifamily Housing REIT

plcThe Multifamily

Housing REIT plc

Various equity placings for Rathbone Brothers Plc

Rathbone Brothers Plc

£80m AIM IPO of Van Elle Holdings plc

Peel Hunt and finnCap

£93m AIM IPO of Accrol Group Holdings plc and subsequent

placing and open offer

Accrol Group Holdings plc

Main Market IPO, redomiciliation and £500m fundraisings via

placings/ open offers/ offers for subscription by Assura plc

Assura plc DFS Management

Step-up from AIM to Standard segment (and, subsequently to Premium segment) of the Main

Market by GVC Holdings plc

GVC Holdings plc

US$55m reverse takeover of KeyDrive S.A. and £24m placing

for CentralNic Group plc

Zeus Capital and Stifel

Zeus Capital and Peel Hunt

£255m AIM IPO of Watkin Jones plc

£651m Main Market IPO of AJ Bell plc, including institutional

and retail offers

Numis Securities

£145m AIM IPO of Mind Gym plc

Liberum Capital

£76m AIM IPO of Manolete Partners Plc

Peel Hunt

£543m Main Market IPO of DFS Furniture plc

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£145m AIM IPO of Sumo Group plc

Sumo Group plc

£16m AIM IPO of Dorcaster plc and £12m reverse takeover by

Dorcaster of Escape Hunt Group Limited

Peel Hunt and Stockdale Securities

£60m Class 1 acquisition of Merlyn Industries Limited by

Norcros plc and related equity and debt fundraisings

Norcros plc

£1.25bn Main Market IPO of Just Retirement Group plc

The City Pub Group plc

£96m AIM IPO of The City Pub Group plc

Zeus Capital

£125m AIM IPO of Quantum Pharma Plc

Zeus Capital and Jefferies

£560m AIM IPO of boohoo.com plc and subsequent £130m

placing of new and existing shares

Cenkos Securities

£29m placing and open offer, PrimaryBid offer and loan note

issuance for Flowgroup plc

£27m AIM IPO of Ramsdens Holdings PLC

Ramsdens Holdings PLC and Liberum *

ClearStar, Inc.

£21m AIM IPO of ClearStar, Inc.

£135m AIM IPO of Clinigen Group plc and subsequent

£135m vendor placing associated with Clinigen’s £225m acquisition of IDIS

Clinigen Group plc Management of Just

Retirement Group plc

£243m AIM IPO of SafeCharge International Group Limited

SafeCharge International Group Limited

* Our Edinburgh office advised Ramsdens, and our Manchester office advised Liberum, in respect of this transaction, which completed prior to the merger of HBJ and AG in June 2017

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YOUR TEAMCHARLES PENNEYSenior Partner (ex-Takeover Panel)

+44 (0) 207 544 [email protected]

ROGER HARTPartner


SIMON WOODPartner (ex-Takeover Panel)


GILES DISTINPartner (ex-Takeover Panel)


NICK PEAREYPartner


WILL CHALKPartner, Head of Corporate Governance


ANGUS ROLLOPartner


GUY WINTERPartner


RICHARD LEE Partner


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LOUISE PRITCHARDManaging Associate


ANDREW LEYPartner


SHELLEY MCGIVERNPartner


DUNCAN WILSONPartner


ANNA BROWNPartner


JEREMY CRUSELegal Director


Addleshaw Goddard’s clients enjoy direct

access to the lead partner on all

transactions


© 2019 Addleshaw Goddard LLP. All rights reserved. Extracts may be copied with prior permission and provided their source is acknowledged. This document is for general information only. It is not legal advice and should not be acted or relied on as being so, accordingly Addleshaw Goddard disclaims any responsibility. It does not create a solicitor-client relationship between Addleshaw Goddard and any other person. Legal advice should be taken before applying any information in this document to any facts and circumstances. Addleshaw Goddard is an international legal practice carried on by Addleshaw Goddard LLP (a limited liability partnership registered in England & Wales and authorised and regulated by the Solicitors Regulation Authority and the Law Society of Scotland) and its affi liated undertakings. Addleshaw Goddard operates in the Dubai International Financial Centre through Addleshaw Goddard (Middle East) LLP (registered with and regulated by the DFSA), in the Qatar Financial Centre through Addleshaw Goddard (GCC) LLP (licensed by the QFCA), in Oman through Addleshaw Goddard (Middle East) LLP in association with Nasser Al Habsi & Saif Al Mamari Law Firm (licensed by the Oman Ministry of Justice), in Hamburg through Addleshaw Goddard (Germany) LLP (a limited liability partnership registered in England & Wales) and in Hong Kong through Addleshaw Goddard (Hong Kong) LLP, a Hong Kong limited liability partnership pursuant to the Legal Practitioners Ordinance and regulated by the Law Society of Hong Kong. In Tokyo, legal services are offered through Addleshaw Goddard’s formal alliance with Hashidate Law Offi ce. A list of members/principals for each fi rm will be provided upon request. The term partner refers to any individual who is a member of any Addleshaw Goddard entity or association or an employee or consultant with equivalent standing and qualifi cations. If you prefer not to receive promotional material from us, please email us at [email protected]. For further information, including about how we process your personal data, please consult our website www.addleshawgoddard.com or www.aglaw.com.

REF: 11818

addleshawgoddard.com

Aberdeen, Doha, Dubai, Edinburgh, Glasgow, Hamburg, Hong Kong, Leeds, London, Manchester, Muscat, Singapore and Tokyo*

* a formal alliance with Hashidate Law Office

uk equity capital markets - addleshaw goddard · 2019. 9. 27. · 1 addleshaw goddard boasts a...

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