On 19 May the Takeover Panel refused permission for the owners of the Crew Clothing group to invoke certain conditions of their recommended £22 million cash offer for Moss Bros Group plc in order to lapse the bid. The Panel ruled that Brigadier Acquisition Company Limited had not shown that the circumstances giving rise to […]
Regulators have been prompt in responding to the Covid-19 crisis, with the FCA, FRC, LSE, Companies House and others having published advice and guidelines on a range of issues. This note outlines the guidance for listed companies regarding their reporting and disclosure obligations. To see more click here
Fladgate is delighted to maintain a Band 1 ranking in the 2020 Chambers UK guide for the Corporate M&A: Lower Mid-Market category. Grant Gordon, Head of Corporate, said: “The team is delighted once again to receive this recognition by Chambers, which is a significant endorsement of our approach, our professionalism and the strong relationship we […]
Fladgate is delighted to be ranked Tier 1 in the 2019 edition of Legal 500 in the M&A: Deals Up To £50m. Grant Gordon, Head of Corporate, said: “we are very pleased once again to receive this recognition by Legal 500, which is a significant endorsement of our work, our professionalism and the strong relationship […]
Introduction EU Regulation 2017/1129 and its Delegated Regulation (dated 14 March 2019) come into force on 21 July 2019 in full, replacing the previous prospectus regime. The principal purpose of the reforms is to make it easier and less costly for businesses to access the capital markets by reducing the regulatory burden on issuers, and […]
Fladgate LLP has advised Shore Capital on the equity placing by Yü Group PLC to raise £12 million. Shore Capital acted as nominated adviser and sole bookrunner on the AIM market placing. Yü Group is an independent supplier of gas and electricity to the UK’s corporate sector with a specific focus on servicing SME businesses. […]
AIM listed Sula Iron & Gold plc is acquiring a controlling stake in a cobalt licence in Democratic Republic of Congo. The deal which is subject to shareholder approval will make Sula Iron and Gold the first AIM-listed company to develop cobalt interests in the region. The company has conditionally raised £1.75m (before expenses), through […]
Fladgate LLP is delighted to have achieved across the board rankings in the recently launched 2017 edition of the Legal 500 Guide to the UK Legal Profession. The firm achieved 26 rankings, with 59 lawyers attaining 91 individual recommendations. Commercial contracts Fladgate LLP enhanced its commercial contracts offering with the recruitment of James Earl, an expert in the […]
Fladgate has advised Cantor Fitzgerald Europe (as nominated adviser and joint broker) and FirstEnergy Capital (as joint broker) on a US$11m placing for SDX Energy Inc. (SDX), together with its proposed admission to AIM. SDX is a UK based oil and gas exploration company which is listed on the TSX Venture Exchange. Its portfolio consists […]
Fladgate LLP advised the nominated adviser and broker, Shore Capital, on the placing and admission to trading on the AIM Market of Yü Group PLC. Yü (and the major shareholder) raised a total of £10m, at a price of £1.85 per share. Yü’s market cap on admission was £26m. Yü is a supplier of gas […]
Fladgate is delighted to have achieved a Top 10 ranking in the January edition of the ARL AIM Advisers Rankings Guide. Editorial commentary states: “Perhaps the most noteworthy move through the quarter was attributable to Fladgate. The law firm moved up 10 places into a share of eighth… after it appointed two partners and an […]
Fladgate LLP has acted for client Defenx PLC on its £2.1 million placing and admission to AIM. Defenx is a fast growing, profitable and cash generative smart phone security software business. Defenx will be using the net proceeds of the IPO to fund the development of its Windows Phone 10 app, continue the development of Defenx […]
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