Hamlins advises on AIM admission of Leyshon Energy

Hamlins’ corporate team advised Cantor Fitzgerald Europe, as nominated adviser and broker, on the de-merger of Leyshon Energy and its Chinese-based unconventional gas assets from AIM/ASX-listed Leyshon Resources and the admission of Leyshon Energy to the AIM Market of the London Stock Exchange. Dealings in Leyshon Energy’s shares are expected to commence on 23 January 2014.

Corporate partner Ian Binnie, who recently joined from Nabarro, led the Hamlins team and was supported by associate Alice Kingdon. Ian heads the Hamlins natural resources team and has extensive experience in both the energy and mining sectors gained from acting on numerous AIM IPOs as well as regularly advising a number of highly-active funds and family offices on early stage and pre-IPO investments and disposals.

David Porter managing director at Cantor Fitzgerald Europe said “We are very pleased to support the successful de-merger and AIM listing of Leyshon Energy. The Hamlins team, led by Ian Binnie, delivered an extremely high level of service, with the depth of their knowledge of the AIM Market and experience in the oil and gas sector being particularly beneficial”.

Hamlins corporate partner Ian Binnie commented “We are delighted to have assisted the energy team at Cantor Fitzgerald on the successful de-merger and AIM listing of Leyshon Energy. We are currently witnessing significantly increased confidence in the AIM Market in general and particularly in the energy sector where enhanced M&A activity and successful equity fundraisings are most welcome.”

Daniel Bellau, Head of Corporate at Hamlins said “In the short time since Ian joined the team we have seen a steady increase in instructions on equity capital markets transactions, a clear indication that our corporate department is gaining market share in a recovering market. We are highly optimistic about 2014 given our pipeline. This follows a very successful 2013 in which we advised on a number of significant AIM transactions and a Main Market listing including the £40m reverse takeover acquisition of the Signal portfolio by our client Palace Capital plc from Quintain Estates and Development plc.”