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Banking & Finance - Capital Markets: Equity

Linklaters advises UniCredit, BNP Paribas, and HSBC Trinkaus on Nordex capital increase

09 Dec 2013

Linklaters advised UniCredit AG, BNP Paribas, and HSBC Trinkaus & Burkhardt AG on the successful placement of more than 7.3 million shares by the wind turbine manufacturer Nordex SE.

In the context of an accelerated bookbuilding process, the securities were issued to institutional investors at a price of 10 euros per share. UniCredit, BNP Paribas, and HSBC Trinkaus acted as joint bookrunners of the transaction which has a volume of about 73 million euros.

Travers Smith advises Arria NLG plc on its admission to AIM

06 Dec 2013

Travers Smith led by corporate finance partner Anthony Foster has advised Arria NLG plc on its admission to AIM by way of introduction. Travers Smith have advised Arria NLG, over the past 18 months, on its investment in Data2Text Limited (a spin-out from the University of Aberdeen) and on several rounds of private pre-IPO fundraising culminating in the acquisition of the shares in Data2Text which it did not own, and its listing on AIM of both shares and warrants.

Allen & Overy advises Berenberg and J. P. Morgan on Grand Capital City Properties SA

05 Dec 2013

Allen & Overy LLP has advised Berenberg, Gossler & Co. KG and JP Morgan Securities plc as underwriters in connection with a capital raising  by Grand City Properties SA.

The issue of 27,000,000 new no-par value bearer shares under exclusion of subscription rights of existing shareholders, the company's share capital by EUR 8,842,500.00 was increased by EUR 2,700,000 to EUR 11,542,500. The new shares were issued at an issue price of EUR 6.50. The total proceeds of approximately EUR 175.5 million will be used by the Company to finance various acquisitions.
 

Pinsent Masons advises on Hong Kong listing of China Binary

05 Dec 2013

Pinsent Masons has advised the Sponsor (Quam Capital Limited) and the Underwriters, on the HK$72 million (equivalent to approximately £5.7 million) placing of shares and listing of China Binary Sale Technology Limited (“China Binary”) on the Growth Enterprise Market of the Hong Kong Stock Exchange

China Binary is principally engaged in providing online transaction services by (i) facilitating transactions between online game operators and online game users; and (ii) providing mobile top-up service to mobile subscribers.

SH advises on Kalibrate Technologies PLC's IPO and AIM admission

04 Dec 2013

Stephenson Harwood has advised  Kalibrate Technologies on its placing and admission to trading on the AIM market of the London Stock Exchange, which occurred on 29 November 2013. Market capitalisation on admission was £26.2 million. Stephenson Harwood advised Kalibrate and N+1 Singer Advisory LLP acted as nominated advisor and sole broker to Kalibrate.

Simmons & Simmons Advises JP Morgan Cazenove and Oriel Securities on a £11.9m Placing by Piction Property Income Limited

03 Dec 2013

Simmons & Simmons is advising J.P. Morgan Cazenove and Oriel Securities as joint bookrunners on a £11.9m placing of shares in Picton Property Income Limited.

The Simmons & Simmons team comprises corporate partner Chris Horton and corporate associate Sarah Clarke, US securities associate Tara Waters, tax partner Nick Cronkshaw and tax associate Zoe Arnautov.

Burges Salmon advises WH Ireland and Shore Capital on placing by Mar City Plc to raise £35m

03 Dec 2013

Burges Salmon has advised WH Ireland Limited and Shore Capital Stockbrokers Limited in their capacity as joint brokers to the London and Midlands focused housebuilder Mar City Plc, an AIM quoted company, on its placing to raise approximately £35 million by way of a placing of 437,500,000 new ordinary shares at 8 pence per share. This is conditional on shareholder approval at a general meeting to be held on 16 December 2013 and its associated £30.8m acquisition of land.

Ashurst advises DIC Asset AG on acquisition of property portfolio and combined cash and in-kind capital increase

03 Dec 2013

Ashurst has advised the real estate company DIC Asset AG on the takeover of the majority in the UNITE portfolio and a combined capital increase. The portfolio comprises 54 office and commercial properties with an aggregate portfolio market value of approximately €481 million. The acquisition of the portfolio was conducted via a capital increase against contribution in kind of approximately 6.2 million shares and accompanied by a rights issue of approximately 16.7 million new shares against cash contributions.

Allen & Overy advises on Bankhaus Lampe and Commerzbank's capital raising for DIC Asset AG

03 Dec 2013

Allen & Overy LLP has advised Bankhaus Lampe KG and Commerzbank AG as underwriters in connection with the rights issue of DIC Asset AG (DIC Asset) .

DIC Asset has used the capital increase to take over 94 percent of the UNITE  property portfolio which includes 54 office and commercial properties, a portfolio with a market value of around 481 million euros . In addition, a rights issue over 16,652,932 shares with gross proceeds of approximately 100 million euros was undertaken. The proceeds will be used to optimize the portfolio financing and general corporate purposes.