Equity Capital Markets

Our ECM experts possess extensive, hands-on experience in advising AIM-listed companies, their directors, and their professional advisers at every stage of their journey—from initial public offering to secondary fundraising and ongoing compliance.
Our work spans a wide range of recognised investment exchanges, including not only AIM but also NEX Exchange and GXG Markets, and we are frequently engaged in matters relating to the standard listing segment of the London Stock Exchange.

We provide comprehensive guidance to both companies and their advisers on the complex regulatory landscape governing equity capital markets. This encompasses ensuring compliance with the rules and continuing obligations of the relevant exchanges, as well as interpreting and applying the nuances of applicable securities legislation. Our lawyers are well-versed in the practicalities of these requirements and help clients anticipate regulatory expectations, manage disclosure obligations, and maintain clear channels of communication with the market and their stakeholders.

 

Our support extends to all aspects of the fundraising process. We routinely represent both issuers and advisers in secondary offerings and placings, providing strategic advice on documentation, investor relations, and the structuring of transactions to maximise capital efficiency and shareholder value. We guide clients through the procedural and legal steps required for successful fundraising, from the initial planning phases to completion and post-transaction reporting.

 

In addition to transactional expertise, our team is regularly sought out for advice on corporate governance matters in the capital markets context. This includes advising on best practice standards for board composition, directors’ responsibilities, the relationship between shareholders and the board, and the implementation of governance frameworks that satisfy both regulatory requirements and the expectations of institutional investors.

 

Our partner-led approach ensures that each client benefits from the insight and judgment of seasoned professionals with sector-specific expertise. We collaborate closely with clients’ internal teams, financial advisers, and other stakeholders to deliver seamless, commercially pragmatic solutions. The result is a client service model that prioritises long-term value creation, resilience, and confidence in navigating the evolving demands of the equity capital markets.

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Examples of our work include:
IPO of Rare Earths Global Limited on AIM, together with associated fundraising by way of placing. Rare Earths is a leading Chinese mining services group focussed on the extraction, separation, refinement and trading of rare earth elements, oxides and other related products.
Advising the underwriters including Morgan Stanley & Co, Bank of America, Merrill Lynch and Cowen & Company LLC on the English law aspects of several offerings by GW Pharmaceuticals plc of American depositary shares on the NASDAQ global market.
Advising WH Ireland Limited on its role as placing agent for AIM listed Water Intelligence plc in relation to a placing of new ordinary shares with institutional investors.
Advising on the AIM IPO of Gowin New Energy Group Limited, a Cayman Island holding company of a Chinese trading group which manufactures and sells LED lighting in China.
Advising on the reverse takeover of In-Deed Online plc by Epic Group Limited and the readmission of the enlarged group, renamed Learning Technologies Group plc, to AIM.
Advising Allenby Capital Limited on its role as nominated adviser and broker for Macromac’s AIM IPO.
Advising North American Petroleum plc on its placing and admission to NEX Exchange.
Advising Green China Holdings on its admission to AIM and associated placing of shares.
Advising Kada Technology Holdings Limited on its IPO on AIM, together with its associated fundraising. Kada provides solutions for electronic devices, systems and media platforms and distributes and sells electronic components in China.
Acting for Darwin Strategic Limited, a subsidiary of Henderson Global Investors in its provision of a £10m three year equity financing facility to Tertiary Minerals plc, an AIM listed resources company.
Acting for Stratex International Group plc in a placing to raise £8m for its exploration and development activities focussing on gold and high value base metals in Turkey, East Africa and West Africa.