International law firm Bryan Cave Leighton Paisner (BCLP) have advised longstanding client, Plus500 Ltd, on the admission of its issued ordinary shares to the Premium Segment of the Official List and to trading on London Stock Exchange’s Main Market.

Plus500 Ltd is the leading provider of trading facilities on shares, forex, commodities, ETFs, options and indices, alongside innovative trading technology.

The move-up provides an appropriate platform for continued growth of the group and further raises its profile and status.

Frankfurt/Main – CMS has again advised Hamburg-based solar plant and wind farm operator Encavis AG on issuing a scrip dividend. This is the fifth time that Encavis has given its shareholders the choice of receiving the dividend in cash or in the form of new shares in the company. This year’s cash dividend was EUR 0.22 per share. The acceptance rate for the scrip dividend was almost 40%.

Simpson Thacher recently represented Morgan Stanley & Co. International, Daiwa Capital Markets Europe, J.P. Morgan Securities, Merrill Lynch International, SMBC Capital Markets and Mizuho International, the international joint lead managers of a ¥130.6 billion (approximately US$1.19 billion) offering of 43,554,800 shares of Mercari, Inc. (“Mercari”). The global offering included an international offering to institutional investors outside Japan in reliance on Rule 144A and Regulation S. The offering was the largest equity offering in Japan to date this year.

Global law firm White & Case LLP has advised Bank Zachodni WBK S.A., as a global coordinator and bookrunner, on the issue of 286,624,204 new shares in Globalworth Poland Real Estate N.V., part of a private issue with a total value of EU450 million.

The deal represents the largest private share issue in Poland during 2018 to date.

We are advising IPL Plastics on its proposed initial public offering of 13,200,000 common shares at a price of Can$13.50 per common share for total gross proceeds of Can$178,200,000. On closing of the IPO, the common shares will commence trading on the Toronto Stock Exchange (the “TSX”).

Charles Russell Speechlys acted for Stockdale Securities Limited (Stockdale Securities) in its role as nominated and broker to Northbridge Industrial Services Plc (Northbridge) in relation to Northbridge’s fundraising by way of a placing announced on 20 June 2018. Northbridge hires and sells specialist industrial equipment.

Baker McKenzie has advised Claranova, a company listed on Euronext Paris, in the context of the issuance of net share settled bonds convertible into new shares and/or exchangeable for existing shares (ORNANE) for an amount of €29 million.

Jeantet advised COGELEC, the French leader in access control systems for building complexes, on its initial public offering on the regulated market of Euronext Paris, for a total of € 38.7 million (including € 20.9 million through the issuance of new shares and € 17.8 million through the sale of existing shares).

Following the subscription period opened as from May 29, 2018, the subscriptions related to 5,476,276 shares, meaning that the offering was 1.8 times oversubscribed, in particular thanks to the support of leading European institutional investors.

Slaughter and May advised Standard Chartered PLC and Standard Chartered Bank on its tender offers for three series of outstanding capital securities issued by Standard Chartered PLC and Standard Chartered Bank.

The capital securities tendered for had an aggregate principal amount outstanding of approximately £1,785,000,000, of which approximately £1,067,000,000 will remain outstanding following the tender offers. The tender offers were made on 4 June 2018 and the results of the tender offers were announced on 12 June 2018.