22 February 2021

2020 deal highlights - Capital markets

Hill Dickinson’s Capital Markets team represents issuers, investment banks, investors and others on the entire range of ECM transactions on the Main Market, AIM and AQSE as well as advising clients on Takeover Code transactions. The firm continues to maintain its position as one of the leading AIM practices in the UK. The firm is retained legal adviser to 36 AIM companies and is ranked in fourth place for the number of AIM clients in the AIM Advisers Rankings Guide as at January 2021.

Selected highlights from 2020 include the following transactions:

Johnson Service Group

Advising AIM-listed Johnson Service Group plc, a leading UK textile services provider, on its £85 million placing through an accelerated bookbuilding process

Sativa Group

Advising AQSE-listed Sativa Group on its takeover by Stillcanna Inc, the first public takeover of a UK company operating in the medical cannabis and CBD wellness sector.

Critical Metals

Advising Critical Metals plc on its admission to the Standard Segment of the Main Market and placing.

eLight Group Holdings

Advising the shareholders of eLight Group Holdings on the reverse takeover of the company by AIM-listed Alexander Mining plc (now known as eEnergy Group plc).

Helium One Global

Advising Helium One Global on its AIM admission following the amalgamation between Helium One Treasury Limited and Attis Oil & Gas Ltd and an insitutional placing raising £6 million.

BrandShield Systems

Advising AIM-listed BrandShield Systems (formerly Two Shields Investments) on its £13.15 million reverse takeover of Israeli company, BrandShield Limited and a placing raising £3.2 million.

Capital Metals

Advising AIM-listed Capital Metals plc (formerly Equatorial Palm Oil plc) on its £15.84 million reverse takeover of BVI company, Capital Metals Limited, and a placing raising £2 million.

Vulcan Industries

Advising UK engineering and manufacturing group, Vulcan Industries plc, on its admission to the AQSE Growth Market and placing.

The British Honey Company

Advising The British Honey Company plc, a premium honey and infused spirits brand, on its admission to the AQSE Growth Market and an institutional placing.

TruSpine Technologies

Advising TruSpine Technologies plc, a medical device company operating in the spinal (vertebral) stabilisation market, on its admission to the AQSE Growth Market and placing.

S-Ventures

Advising S-Ventures plc (an investment vehicle established for the purpose of identifying investment opportunities in the wellness, wellbeing, and organic foods sectors in the UK and Europe) on its admission to the AQSE Growth Market.

Agronomics

Advising AIM-listed Agronomics Limited on a £10 million equity fundraise from institutional investors and certain directors.

Reabold Resources

Advising AIM-listed Reabold Resources plc on its conditional acquisition of an additional 16.7% interest in the West Newton onshore UK licence from Humber Oil & Gas and a new £5 million equity line agreement with Acuitas Capital LLC.

Block Energy

Advising AIM-listed Block Energy plc on on a placing and subscription raising £5.28 million.

Seneca Growth Capital VCT

Advising Seneca Growth Capital VCT plc on its £20 million public offer of B Shares, which are listed on the premium segment of the Official List.

finnCap and WG Partners

Advising finnCap and WG Partners, acting as joint brokers, on a £19.6 million placing of shares by AIM-listed ANGLE plc, a medtech diagnostics company.