News & Events | News

Friday 3rd August 2007

Leading corporate firm SJ Berwin LLP advised Oakley Capital Investments Limited ("Oakley"), in connection with its admission to trading on AIM.  The Company raised £100 million through the placing of 100 million ordinary shares at a placing price of £1.00 per share.  In conjunction with the placing, the Company also granted the investors, in aggregate, warrants to subscribe for 50 million ordinary shares on the basis of 1 warrant for every 2 ordinary shares subscribed for.

The Company has been set up to invest primarily in Oakley Private Capital L.P. (the "Fund"), a new private equity fund being established by a team of experienced investment professionals led by Peter Dubens, executive chairman of Pipex Communications plc and former chairman of 365 Media Group plc. 

The Fund will invest primarily in mid-market buy-outs in the UK and Europe.  It will seek to acquire controlling positions in companies with scope for performance improvement and in industries with strong underlying growth drivers and the potential for consolidation.

The first day of trading was 3 August 2007.

The SJ Berwin team was lead by corporate finance partner Jonathan Djanogly assisted by corporate finance associates David Bennett and Emma Sutherland.

Jonathan Djanogly said: "SJ Berwin were delighted to act for Oakley on it's AIM flotation.  This transaction brought together our expertise in the AIM and private equity fields.”

The nominated adviser and broker was Collins Stewart Europe Limited who were represented by Stephenson Harwood LLP.

For further information please contact:

Jonathan Djanogly, Corporate Partner on +44 (0)20 7111 2241 or by emailing jonathan.djanogly@sjberwin.com

Aurelia Spivey, Business Development Manager on +44 (0)20 7111 2060 or by emailing aurelia.spivey@sjberwin.com

To view other press releases click here.

• SJ Berwin's highly regarded capital markets team acts for issuers, corporate financiers and quoted companies. We provide the full range of advice including IPOs on the official list and AIM, dual and secondary listings, secondary offerings including rights issues, placings and open offers, restructurings and reorganisations.
  
  
• Our capital markets team has extensive experience advising listed companies and new issuers. We have been key advisers to the specialist VCT market representing a number of issuers - both longstanding and new clients - in the 2004/2006 tax years.
  
  
• We have a leading AIM practice. Our involvement in the sector is very strong - having advised on our first AIM IPO on the launch of the market in 1995 - we continue to advise many companies who have chosen AIM as their new home. Although we act on a wide range of AIM IPOs, our speciality is high value and international admissions, where our overseas network and full range of specialist advisers (tax, finance and regulatory as well as corporate) are able to add value.
  
  
• On 1 June 2005, SJ Berwin became SJ Berwin LLP, a limited liability partnership.  www.sjberwin.com. SJ Berwin LLP or an affiliated undertaking has an office in Berlin, Brussels, Frankfurt, London, Madrid, Milan, Munich, Paris and Turin.