15 September 2025Publication
New UK Listing Rules: significant transaction
The new UK listing regime came into force on 29 July 2024. This briefing outlines emerging trends in the approach to significant transaction announcements.
We have a market-leading UK ECM practice, built on specialist and integrated expertise in UK ECM, US securities laws, financial services regulatory and UK Listing Rule sponsor transactions.
Our team routinely acts for issuers, shareholders and investment banks on large and complex international equity offerings (including Rule 144A private placements) as well as smaller domestic transactions. We advise both commercial companies and investment trusts. We also advise issuers and UK Listing Rule sponsors on reverse takeovers and related party transactions and complex demergers.
Market recognition
"The team has commercial acumen and provides strategic advice."
Chambers UK 2025, Capital Markets: Equity
“Simmons & Simmons advises issuers, banks and investors at every stage of equity transactions. The team possesses a diverse work portfolio that encompasses IPOs, private placements, regulatory capital transactions and secondary offerings. Notably, the firm can advise on transactions involving complex aspects of US securities law.”
Chambers UK 2024, Capital Markets: Equity
Our experience
Barclays and Goldman Sachs
£111million placing and retail offer by Aston Martin.
Greatland Gold
$325 million underwritten placing, $6.9m retail offer and readmission to trading on AIM as a result of its proposed $475m acquisition of Havieron and Telfer gold assets from Newmont.
Jefferies and Peel Hunt
£50m placing and retail offer by Empiric Student Property.
Key contacts
If you have any questions, contact a member of the Equity Capital Markets team for assistance:
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