Collas Crill recently acted as Guernsey legal adviser to Challenger Acquisitions Limited on its successful capital raising and listing on the London Stock Exchange's Main Market. Challenger is a Guernsey company formed to undertake acquisitions of companies or businesses in the entertainment and leisure sectors.
Sean Cheong, partner in Collas Crill Guernsey commented, "We are delighted to be working with the principals of Challenger and their advisers in this new venture. We look forward to supporting Challenger in the acquisition phase of its growth."
Guernsey continues to lead on the number of companies listed on the London Stock Exchange, followed by Jersey.
Sean noted, "A significant proportion of the Guernsey companies currently listed in London are investment funds; however we are seeing increasing activity in other business sectors. Both Guernsey and Jersey have developed strong expertise in servicing and advising listed companies and remain attractive to international businesses accessing the London Stock Exchange. There is growing interest in our Channel Islands' offering amongst Asian clients looking to raise capital in London on AIM."
Leon Santos, group partner in Collas Crill Singapore added, "Many small to mid-sized South East Asian companies continue to be attracted to the London Stock Exchange, as it gives access to a global pool of capital and because of the efficiency of the listing process. Collas Crill is able to offer clients responsive advice across the Asian and UK time zones, which is key for clients based in Asia."
Collas Crill recently strengthened its capital markets practice in the Channel Islands, with the appointment of Nicholas Davies who joined as group partner in Jersey. Nick, who was formerly at Freshfields in Moscow, brings with him considerable expertise in debt and equity capital markets.
Should you have any queries on listing on the London Stock Exchange or our capital markets practice, please don't hesitate to contact Sean.