King & Wood Mallesons advised the sole sponsor and the underwriters as the Hong Kong counsel on the initial public offering (IPO) of Zhicheng Technology Group Ltd. (Zhicheng Technology, Stock Code: 8511) on the GEM of The Stock Exchange of Hong Kong by way of share offer.

Listed on 20 April 2018, the IPO comprised a total of 100 million shares issued and sold. Priced at HK$0.65 per share, the gross proceeds from the offering was approximately HK$65 million.

Osborne Clarke has advised Cenkos Securities plc and Numis Securities Limited on the successful £170 million cashbox placing for Breedon Group plc.

Breedon intends to use the net proceeds of the placing to part-fund the cash consideration of £455 million* payable in connection with the acquisition of Lagan Group (Holdings) Limited, a leading construction materials business based in Belfast.

Herbert Smith Freehills is delighted to have advised NEXTDC Limited (NEXTDC) on its A$297 million fully underwritten institutional placement and non-underwritten share purchase plan, announced to the ASX on 17 April 2018 (Offer).

The institutional placement consists of a A$147 million general placement to institutional investors and a A$150 million cornerstone placement to UniSuper.

Jones Day represented Cellectis S.A., a French clinical-stage biopharmaceutical developer of innovative cancer treatments using gene editing technologies, in connection with a $175 million public offering of American Depositary Shares on NASDAQ, underwritten by Goldman Sachs & Co. LLC, Citigroup, and Barclays.

Contact: Boris Dolgonos, Renaud Bonnet, Peter E. Devlin

Led by Frankfurt-based Partner Michael Schlitt and Counsel Susanne Lenz Hogan Lovells advised Shop Apotheke Europe N.V., a leading online pharmacy in Europe, on the placement with institutional investors of senior unsecured convertible bonds, with a maturity of five years in a denomination of EU 100,000 each (the "Bonds"). The issue volume amounts to EU 75m.

Simpson Thacher represented GreenTree Hospitality Group Ltd. (“GreenTree”) in connection with its initial public offering and listing on the New York Stock Exchange of 10,200,000 American Depository Shares representing 10,200,000 Class A ordinary shares. GreenTree raised a total of US$142.8 million in gross proceeds from the IPO before exercise of the underwriters’ overallotment option. Morgan Stanley, BofA Merrill Lynch and UBS Investment Bank acted as representatives for the underwriters of the offering.

Paul Hastings, a leading global law firm, announced today that the firm advised BNP Paribas and Nomura as joint bookrunners on Lotte Shopping’s KRW303.6 billion (US$285 million) exchangeable bonds, exchangeable into shares of Lotte Himart, the largest consumer electronics retailer in Korea and a majority-owned subsidiary of Lotte Shopping. Lotte Shopping is one of South Korea’s biggest retailers and a market leader in both department stores and discount stores.

On 28 March 2018, Sasseur Real Estate Investment Trust (Sasseur REIT) listed on the main board of the Singapore Stock Exchange (SGX), offering 267 million trust units in public and selling 495 million trust units to cornerstone investors at SGD 0.80 per trust unit. Sasseur REIT raised a total of about SGD 1 billion (about RMB 4.9 billion) through equity and debt financing. It is the first IPO deal on the SGX Main Board in 2018.

Eversheds Sutherland advises on £130m flotation

Eversheds Sutherland has advised long-standing client SimplyBiz, a business support company, on its IPO to AIM with an initial market capitalisation of £130m.

The IPO raised £30m from an institutional placing of ordinary shares at 170p and £34.6m for selling shareholders.

SimplyBiz is the UK’s leading provider of compliance and business services to directly authorised financial advisers and supports around 3,500 customers. It employs more than 200 staff and has a membership base in excess of 6,000.

On 27 March 2018, Bygghemma Group First AB ("Bygghemma") was listed on Nasdaq Stockholm.

Bygghemma is the leading online provider of home improvement products in the Nordic region.