Fladgate advises on New World AIM placing

Our team: Grant Gordon

Fladgate LLP has advised the broker, Shore Capital Stockbrokers Limited, and nominated advisor, Beaumont Cornish Ltd, on a secondary placing for New World Oil and Gas plc (New World), acquirers of interests in oil and gas assets. New World raised £3m via a placing of 50,000,000 ordinary shares.

Fladgate advised Shore Capital and Beaumont Cornish on New World’s admission to AIM in May of this year.

Corporate partner Grant Gordon led the Fladgate team. Commenting on the transaction Grant said: “We have seen continued deal activity in the AIM market especially within the resources and energy sector. Fladgate has advised on three deals in the sector, involving New World, PowerHouse Energy and Touchstone Gold, in the last month alone.”

The August 2011 edition of the Hemscott AIM Advisers Rankings Guide ranks Fladgate in a number of the sector tables as well as in the table for total AIM clients.

Blogs

View by author:

Would you like to hear more?

Sign up to receive updates

Integrated

Our clients come to us to solve problems that are often complex and multifaceted. We draw together the multiple strands of a business or personal challenge into a coherent, integrated legal response that combines the knowledge and experience of experts in all the relevant fields.

Partner-led

We operate in small teams in which partners not only take the lead but also do a significant amount of the detailed work. Clients can be assured that the partners they engage and brief will remain closely involved in developing and delivering the advice as part of our close-knit, expert teams.

Experienced

Fladgate has a long heritage of delivering high-quality legal advice. We have been providing practical legal solutions to businesses and private clients for over 250 years. Today we are one of the UK’s top 100 law firms, with over 80 partners and a reputation for providing solutions that work.