Public companies and fund raising

Ashfords' corporate solicitors have extensive experience advising clients on a broad range of matters in the field of public companies, stock exchange regulation and financial promotion.

Regulation of public exchanges is intended to protect investors and consequentially protect the market and its participants. As a result, listed companies must adhere to stringent rules and regulations in order to maintain their listing on an exchange. Whether floating on PLUS or AIM, involved in a takeover, an offer for subscription, rights issue or other financial promotion, we have the expertise and resources to guide its clients through the process.

Work handled includes:

• stock exchange regulations;
• capital raisings and placings;
• corporate governance;
• new listings;
• takeover code; and
  
• underwriting.

Recent work undertaken includes:

• GMO Limited (AIM) - admission to AIM by way of a placing of shares;
• China Education Group (Ofex) - application for admission to Ofex and fund raising by issue of convertible loan notes;
• Europasia Education plc (AIM) - advice on AIM rules and Corporate Governance; and
  
• Sprue Aegis plc (Ofex) - listing and offer for subscription.