Discover all the latest Equity Capital Markets (ECM) trends and what we expect to see in 2021 and beyond in the LexisNexis Market Tracker Report. Including a download on SPACs and commentary from our Corporate Partners and ECM experts Clive Hopewell and Adam Carling.
Topics covered include:
Clive Hopewell, Partner, Bird & Bird comments - “We experienced one of our busiest years ever for secondaries in 2020, both for the issuer and the broker side. Whilst some companies were raising money as a protective measure, others in sectors which were not badly affected by the pandemic also took the opportunity to raise capital in a very active market.”
Adam Carling, Partner, Bird & Bird states - “Despite an increase in listings in the period, the standard list remains something of an anomaly, generally chosen by companies not suited to a premium listing on the Main Market, or AIM, for particular reasons – such as a cash shell raising less than the minimum £6m required by the AIM Rules or, at the larger end, companies wishing to retain a dual class share structure post-listing. The market has proved popular with companies in the natural resources sector, often incorporated or with a home listing elsewhere. The standard list has been identified in Lord Hill’s UK Listing Review as suitable for a relaunch, so we can expect to see regulatory change in this area"
Download the full report here.