Successful Main Market listing for Xplorer plc11th July 2013
We are delighted to announce that our client Xplorer plc has today been admitted to trading on the Main Market of the London Stock Exchange and successfully raised £1m by way of associated placing of its shares with institutional and other investors.
The board of directors intends for the company to acquire and operate an oil and gas asset, with a view to taking advantage of increasing energy demands from emerging economies as a result of increasing global industrialisation and urbanisation.
Daniel Bellau, Head of Corporate at Hamlins LLP said “We are very pleased to have assisted Xplorer plc with its successful listing today and look forward to working with the company on its exciting plans for the future”.
Hamlins LLP is a long established and well-renowned commercial law firm based in London’s West End. The firm has expertise in a wide range of sectors including Financial Services, Media and Entertainment, Real Estate, Retail and Fashion and Travel, Leisure and Sport. Hamlins LLP provides corporate legal services to major brand names, growing SMEs and entrepreneurs, both nationally and internationally.
For further information please contact Daniel Bellau