Fladgate advises on AIM and PLUS placings

Our team: Grant Gordon, Jeremy Whiteson

Fladgate LLP has acted for Beaumont Cornish and Shore Capital on two company admissions, one to the AIM market, and the second to PLUS.

On the AIM listing, Fladgate advised Beaumont Cornish as nominated adviser along with Shore Capital Stockbrokers Limited (Shore Capital) as brokers to New World Oil and Gas plc (New World) on New World’s admission to AIM. New World intends to acquire interests in oil and gas assets and raised £3 million by way of a placing of new Ordinary Shares at 5 pence per share.

On Asia Wealth Group Holdings Limited’s (Asia Wealth) admission to PLUS, Fladgate advised Beaumont Cornish, as corporate advisers, on Asia Wealth’s raising of £300,000. Asia Wealth, incorporated in the British Virgin Islands, acquires wealth management related companies in Asia that seek to address the region’s growing number of high net worth individuals.

Fladgate corporate partners Grant Gordon and Jeremy Whiteson advised Beaumont Cornish and Shore Capital.

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