public companies

 

coporate finance

 

Our Public Companies team has extensive knowledge and experience of providing expert, timely and cost effective advice on:

  • pre-IPO fundraisings
  • flotations (including Offical List, AIM and Plus Markets)
  • secondary issues (including rights issues and placings)
  • takeover Code governed bids (both recommended and contested)
  • shareholder circulars
  • corporate governance and regulatory issues

 

We are currently corporate advisers to 15 listed companies, of which three are included in the FTSE AIM 100 index and a further two in the FTSE 250.

 

Our recent experience includes:

 

advising recruitment company Imprint plc on:

  • its admission to AIM at an initial market capitalisation of £14 million (now £105 million)
  • two subsequent acquisitions of specialist financial services recruitment businesses, with a total value of £38 million, part-funded by further institutional share placings on AIM to raise £28 million

 

advising marine engineering business Hamworthy plc on:

  • its admission to AIM at an initial market capitalisation of £40 million (now £175 million)
  • a share placing on AIM to raise £18 million for general working capital purposes

 

advising department store operator Beale plc on £7 million of store acquisitions from Fenwick plc and the obtaining by it of shareholder consent for the deal

 

advising local ferry operator The Portsmouth Harbour Ferry Company plc on the £11 million hostile takeover bid made for it by Falkland Islands Holdings plc

 

advising facilities management company Sira Business Services plc on its £6 million takeover by Securiplan plc

 

advising bus operator Southern Vectis plc on its £16 million takeover by Go-Ahead Group plc

 

advising regional brewer and pubs operator George Gale & Co on its £92 million takeover by Fuller, Smith & Turner plc

 

For further information contact a member of our Corporate finance team using the key contacts information provided or alternatively email us at corporatefinanceinfo@bllaw.co.uk