CMS Cameron McKenna advised Smith & Williamson on the IPO of Arricano Real Estate plc
CMS Cameron McKenna has advised Smith & Williamson Corporate Finance Limited, in its role as nominated advisor and joint broker, on the IPO of Arricano Real Estate plc on the AIM market of the London Stock Exchange. Arricano is one of the leading real estate developers in Ukraine, specialising in the development and operation of shopping centres. The placing raised gross proceeds of USD 24 million through the placing of 10,300,423 new ordinary shares.
A cross border CMS-team led by head of International Capital Markets, Daniel Winterfeldt and head of Equity Capital Markets, Gary Green advised Smith & Williamson on matters relating to the IPO. They were supported by Jennifer Poon, Ahmad Khokher, Dhruv Chhatralia, Paula Ade, Poonam Majithia, Duchiwe Kabunda, Rhianna Kinchin and Rachel Harrison. Ruslan Ostapenko (CMS Ukraine) handled all Ukrainian aspects of the transaction with support from Andriy Buzhor, Natalia Kushniruk, Anna Kozlova, Artem Lukyanov and Maksym Bugai. The transaction also required additional support from partners Paul Edmondson and Omar Qureshi, and senior associate Matthew Willoughby in London, who advised on regulatory issues.