We acted as PLUS Corporate Adviser to the Company’s £2,000,000 initial fund raising and admission to PLUS with a market capitalisation of £6.9 million. £1,000,000 of the initial investment was secured from Scottish Enterprise, an investment body funded jointly by the Scottish Government and by the European Union, and was the first investment by Scottish Enterprise in a PLUS company. We also acted in connection with a £750,000 secondary fund-raising for the Company.
We acted as PLUS Corporate Adviser to AFH’s £1.75 million fundraising and admission to PLUS with a market capitalisation of £11.0 million.
We acted as PLUS Corporate Adviser to Arrowpoint’s £26.0 million admission to PLUS. Arrowpoint was the first Indian company to join the PLUS market.
We advised BWA in its successful defence of resolutions proposed at a requisitioned general meeting of the Company.
We acted as PLUS Corporate Adviser to the Company’s admission to PLUS as an investment vehicle and subsequently advised the Company on its acquisition of Gulf International Minerals Limited, owner of a 49% joint venture interest in the Aprelevka gold mine in Tajikistan, and re-admission to PLUS.
We were PLUS Corporate Adviser to ARH Leisure Investments PLC’s reverse takeover of Frontier IP (a wholly-owned subsidiary of AIM listed Sigma Capital Group plc), the associated £633,000 fund raising and re-admission of the enlarged group to PLUS with a market capitalisation of £4.9 million.
We acted as PLUS Corporate Adviser to IWM’s reverse takeover of Bluehone and the enlarged group’s re-admission to PLUS with a market capitalisation of £2.4 million.
We acted as PLUS Corporate Adviser to the Company’s £500,000 initial fund-raising and admission to PLUS with a market capitalisation of £8.7 million. Pulse was the first Isle of Man Company with operations based in Malaysia to join the PLUS market.
We acted as PLUS Corporate Adviser to Quercus in connection with a Placing and Open Offer, which raised £1.75 million for the Company. We also acted as Financial Adviser to the Company for the purposes of the City Code in connection with the associated Rule 9 Waiver.
We acted as Financial Adviser to Sheba in connection with the recommended offer for the Company from Centamin Egypt Limited. The offer valued Sheba at £7.48 million, a premium of approximately 124 per cent.
We acted as PLUS Corporate Adviser to the Company’s £2,700,000 initial fund-raising and admission to PLUS with a market capitalisation of £4.7 million. We also acted in connection with the Company’s reverse takeover of Futures Training Centres Ltd and the re-admission of the enlarged group to PLUS with a market capitalisation of £5.12 million; the subsequent raising of an additional £220,000 through a Private Placing; a further raising of an additional £976,000 through an Open Offer and the subsequent acquisitions of A&R Training Services Ltd and S&S Training Services Ltd.