DMH Stallard advises Green & Smart Holdings PLC on AIM listing

12 May 2016

City law firm DMH Stallard LLP has advised Green & Smart Holdings plc (“Green & Smart”) on its successful admission to the London Stock Exchange’s AIM market and associated placing.

The shares in Green & Smart were admitted to trading on AIM today (May 12, 2016) and at the same time it completed a placing of 44,444,445 shares at a placing price of 9 pence per share, raising £4 million before expenses. The proceeds will fund the development of two biogas power plants. Green & Smart had a market value of £24.9 million on admission.

Green & Smart is the Jersey holding company of the Group, which is engaged in the Malaysian renewable energy sector. 

The business is taking advantage of Malaysian government policy to increase the use of renewable energy sources.  In the case of Green & Smart, this will involve the production of electricity through biogas power plants which capture and convert greenhouse gases extracted from the effluent produced by palm oil mills.

DMH Stallard is the English legal adviser to the company. The law firm is active in the IPO and new issue sector with a team of London- based corporate finance specialists.

Nick Williams, Partner at DMH Stallard, led the team advising Green & Smart Holdings. He said:

”We are delighted to have been part of the team assisting Green & Smart on its admission to the AIM market”.

The DMH Stallard team supporting Nick Williams included Rishi Solan (Associate), Dan Schofield (Trainee Solicitor) and Hannah Shamsolmaali (Paralegal). 

For more information please contact Dani Bennett.

Further reading

Use of statutory demand to make company insolvent suspended until June

Blog, Legal Updates
08/04/2021
Cheraine Williams looks at more temporary Covid-driven measures that will protect businesses and tenants from possible legal action
Read more Read

New guidance issued for valuation of flats and investigating fire safety

Blog, Legal Updates
07/04/2021
Cheraine Williams looks a the current situation facing leaseholders looking to sell or re-finance their property; will new guidance provide clarity?
Read more Read

Government sets new energy targets for domestic and commercial buildings

Blog, Legal Updates
06/04/2021
UK law requires net zero greenhouse gas emissions by 2050; new rules and standards for heating and powering buildings will have a significant impact
Read more Read

Covid regs prevent landlords taking action to recover rent for more than 500 days

Blog, Legal Updates
01/04/2021
Just seven days’ rent arrears used to be enough for commercial landlords to take action; the latest adjustment pushes that out to 554 days
Read more Read
  • Brighton Office

    1 Jubilee Street

    Brighton

    East Sussex

    BN1 1GE

  • Gatwick Office

    Griffin House

    135 High Street

    Crawley

    West Sussex

    RH10 1DQ

  • Guildford Office

    Wonersh House

    The Guildway

    Old Portsmouth Road

    Guildford

    Surrey

    GU3 1LR

  • Horsham Office

    Ridgeland House

    15 Carfax

    Horsham

    West Sussex

    RH12 1DY

  • London Office

    6 New Street Square

    New Fetter Lane

    London

    EC4A 3BF

  • Get in touch