Druces’ Capital Markets team has advised Beaumont Cornish Limited, Peterhouse Capital Limited and Pello Capital Limited in connection with Helium One Global Limited’s proposed admission to AIM and conditional placing and subscription to raise £6 million, before expenses. In connection with admission and the placing, Attis Oil and Gas Limited (AIM:AOGL) entered into a binding Implementation Agreement with Helium One Treasury Ltd, a wholly owned subsidiary of Helium One. The conditional agreement sets out the commercial terms of a proposed merger by way of an amalgamation under BVI law.
Druces’ Capital Markets Partner, Dominic Traynor, led the Druces’ team which included Jack Kemmish (Senior Associate) and Mark Lamph (Solicitor).
Dominic Traynor commented: “It is positive to see an increasing level of IPO activity in the last couple of months and we are pleased with how smoothly and efficiently the Helium One listing went; a testament to the hard work of all involved. From our perspective, Jack and the team have done sterling work”.
James Biddle, Director of Corporate Finance and Head of AIM Advisory at Beaumont Cornish, observed: “We were very pleased to have been supported in this transaction by Dominic, Jack and the team at Druces who have assisted in their capacity as legal advisers to ourselves and the brokers with the well supported IPO of Helium One Global to AIM. Throughout the process Druces acted with professionalism and attention to detail and we look forward to working with them on future IPOs, be it on AIM or other London markets.”
Further details of admission, the placing and the amalgamation can be found at:
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