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- The firm's equity capital markets team has been ranked as the leading legal adviser by deal value and joint-first by deal volume in the first six months of 2022.
25 July 2022: Fieldfisher's band-one ranked equity capital markets (ECM) is the top legal adviser by deal value to London AIM-listed clients in the first half of 2022 having acted on AIM transactions worth £248 million, according to the latest market analysis by Perfect Information.
The firm was also joint-first by deal volume, with six deals worth over £5 million completed in the first six months of this year, close to a quarter of the 26 qualifying deals recorded by Perfect Information during the period.
Perfect Information's Equity Capital Markets Insight (ECMi) Report covers all UK primary and secondary transactions above £5 million on the on the London Stock Exchange’s markets and produces quarterly updates on deal data and adviser participation.
Two deals conducted by Fieldfisher clients – Marlowe plc's £131 million accelerated bookbuild to finance its acquisition of Optima Health on 20 January, and Atalaya Mining plc's accelerated bookbuild for the sale of shares representing entire holding of its subsidiary Yanggu Xiangguang Copper Co. Ltd on 31 March – were in the top five transactions (second and fourth largest, respectively) by value concluded on AIM in H1 2022.
Between the start of January and the end of June 2022, Fieldfisher's UK ECM team advised on more than 20 deals for AIM-listed clients, including two IPOs for EnSilica PLC and CleanTech Lithium PLC.
Last year, Fieldfisher advised on ECM deals worth more than £4.2 billion across the London and Paris capital markets, including 18 IPOs and, and was ranked as the leading legal adviser to FTSE AIM 100 clients, with 54 AIM-quoted clients overall.
Commenting on Fieldfisher ECM team's H1 performance, Brad Isaac, Head of Equity Capital Markets, said:
"Our ECM practice has maintained momentum in the first half of this year, off the back of an outstanding 2021.
"The size and diversity of our AIM client base continues to expand, even as we continue to lead in sectors including natural resources and technology.
"More clients are choosing to work with us because of our understanding of the AIM market, the sector specialisms across the team and our ability to execute complex deals thanks to our knowledge and our relationships with other leading advisers in the corporate finance community.
"We look forward to a strong second half of 2022."