Our Equity Capital Markets team provides legal advice to quoted companies, advisors to those companies and companies looking to raise funds on the public markets.  The team advises on IPOs, secondary offers, takeovers and all other transactions and issues arising from being a quoted company.

Our highly regarded Equity Capital Markets team is experienced in all types of quoted company work involving AIM and the Main Market of the London Stock Exchange.  From our offices outside of the UK, in Germany, France and Spain, we are also able to provide a similar breadth of advice in those jurisdictions.

We advise companies, nominated advisers, brokers, sponsors and underwriters.

We have extensive IPO and secondary fundraising experience with a specific focus on AIM and small and mid-cap issuers on the Main Market. We have advised on some of the largest IPOs in the history of AIM including the AIM IPO of New Star Asset Management Group PLC (with a market capitalisation of £704 million on admission).

Our ECM team is also highly experienced in advising on takeovers of publicly quoted companies.  We advise target companies and their boards, buyers and professional advisors and management teams on public to private transactions. Our experience includes advising on traditional offers and schemes of arrangement.

We act for publicly traded companies across a range of sectors, including the firm's core Media, Technology and Real Estate sectors, providing them with day to day advice on their regulatory obligations. This includes advising on ongoing regulatory matters and also on transactions falling within class and related party tests under the UKLA Listing Rules and the AIM Rules for Companies.

In an era where many companies are considering whether a public quotation is in the best interests of their shareholders, we have also been actively working with companies who have chosen to delist from the public markets.  We have extensive recent experience in offering practical and pragmatic advice to clients on making the transition off market. 

You can view our recent Equity Capital Markets experience here.

Advised Tottenham Hotspur plc on its delisting from AIM and its conversion into a private company.

Advised Investec Bank plc in its capacity as financial adviser to SDL plc in its offer for Main Market listed Alterian plc.

Advised CNH Bidco Limited, a MBO vehicle backed by private equity funds managed by HarbourVest Partners, on its £34.8 million recommended public offer for Parseq PLC, the AIM quoted end to end service provider in payments, applications processing and data analytics.

Advised OFI Private Equity Capital, a French investment company listed on NYSE Euronext Paris, in respect of a tender offer on all of its publicly held shares and share warrants made by Eurazeo, a European Euronext-listed investment company.

Advised Merchant Securities Limited, in its capacity as nominated adviser and broker, on the admission to AIM of Music Festivals plc and its related placing of shares and convertible loan notes.

Advised Winterflood Securities in their capacity as sponsor and placing agent to investment trust, JPMorgan Global Emerging Income Trusts Plc, on its IPO and listing on the Main Market and in relation to its further fund raisings through secondary offers.

Advised MVM Life Science Partners LLP and Abingworth LLP and their respective investment funds, venture capital investors in the life sciences industry, on their subscription for shares in Lombard Medical Technologies Limited, an AIM quoted medical technology developer as part of a secondary fundraising by Lombard.

Advised long-standing client GSW Immobilien AG, a Berlin based housing company, in relation to its EUR 468m (GBP 408m) IPO at Frankfurt Stock Exchange Prime Standard.

Advised Creston plc, the Main Market listed marketing insight and communications group, in relation to the Class 1 acquisition of the US healthcare public relations business of Cooney/Waters Group, Inc. and the US healthcare advocacy business of its subsidiary Alembic Health Communications Inc and separately on Creston's Class 1 sale of its advertising business, DLKW Group, to Lowe and Partners.

Advised Main Market listed Imagination Technologies Group plc, a leading multimedia, communications and embedded processor technology company, in relation to a placing of approximately 5% of its ordinary share capital conducted through an accelerated bookbuilding process and raising approximately £37.8 million.

Advised Chrysalis PLC, the formerly Main Market listed independent music publishing group, on its recommended sale to a subsidiary of BMG, a joint venture between Bertelsmann and an affiliate of Kohlberg Kravis Roberts & Co. L.P., a deal that valued the entire issued and to be issued ordinary share capital of Chrysalis at approximately £107.4 million, and which was effected by way of a scheme of arrangement.

Advised the management team of AIM quoted independent TV production company, Shed Media plc, on their £99.9 million recommended takeover of Shed Media backed by Warner Bros. Entertainment Inc. and effected by way of a scheme of arrangement.