Capital Markets and Public M&A Solicitors

Capital Markets and Public M&A

The Michelmores Capital Markets team is led by London-based partner Ian Binnie who has extensive experience acting for issuers, nominated advisers and brokers in all aspects of London capital markets-related transactions. Several of the corporate partners also benefit from experience working as general counsel to listed and AIM companies. We have advised a number of our clients since incorporation through to an IPO and ultimate exit. The team offer advice, support and experience on both equity issues on the premium and standard segments of the Main Market, AIM and NEX as well as listings of debt instruments on the LSE's Order Book for Retail Bonds (ORB).

We offer plc boards with advice and assistance on a range of corporate governance, market abuse and general corporate law and regulation and other corporate action-related issues.

The Michelmores Public M&A team has experience providing potential bidders as well as target companies with detailed advice on the Takeover Code as well as UK and EU competition law considerations. We also regularly advise UK public companies on the impact of the Takeover Code on their acquisition strategies.

Many of the Michelmores corporate partners have previous experience gained as partners at 'top 20' international law firms.

2015 Legal 500 Flotations: small and mid-cap: 'Ian Binnie is versatile, solutions-driven and commercially minded’.
Ian Binnie is personally ranked in the 2016 Chambers & Partners Guide as a 'Noted Practitioner' Capital Markets: AIM – UK-Wide

Recent experience

Capital Markets

  • Acting for AIM quoted investment bank Arden Partners plc and Whitman Howard in relation to a £7.83 million placing (carried out as an accelerated book build) for Reabold Resources plc (AIM)
  • Advising Strand Hanson (as financial adviser and nominated adviser), Tamesis Partners and Beaufort Securities (as joint brokers) in relation to the admission to AIM of Cradle Arc plc and associated placing
  • Advising Cantor Fitzgerald Europe as Nomad and broker to ASX-listed Range Resources (the Trinidad and Indonesia focused oil and gas exploration, development and production company) on its admission to trading on AIM following the acquisition of the Trinidad-based oilfield services business
  • Advising financial adviser/broker VSA Capital in relation to £4.1 million placing, subscription and open offer by AIM-quoted Columbus Energy Resources plc
  • Advising Cantor Fitzgerald Europe and Spark Advisory on the debt restructuring and placing for Trinity Exploration and Production plc (AIM)
  • Acting for Allenby Capital on accelerated-bookbuilt placing for Tekcapital plc (AIM)
  • Acting for VSA Capital on a placing for LGO Energy plc (AIM)
  • Advising Sula Iron & Gold plc on a placing and open offer (AIM)
  • Acting for Allenby Capital on accelerated-bookbuilt placing for Infrastrata plc (AIM)
  • Acting on the IPO of Limitless Earth plc (AIM)
  • Advising Plant Health Care plc on its accelerated-whitewash compliant placing and open offer (AIM)

Public M&A

  • Acting on the Rule 9 mandatory offer by Trillion Trophy Asia for Birmingham City plc
  • Advising Leybourne Securities on the general offer of Ivy Medical Chemicals plc