CMS advises listed clients on a range of transactional and regulatory matters, ranging from structuring, investment strategy and merger advice to support in relation to tender offers. Practice head Alasdair Steele, handles both IPOs and secondary issuances and is also sought after for advice on regulations governing listings, disclosure requirements and prospectuses; Steele stepped into the leadership following the departure of Cathy Pitt. Kristy Duane specialises in acting for funds active in the infrastructure and renewables spaces on matters including s. 110 restructurings and reporting requirements under SFDR and SDR.

Legal 500 Editorial commentary

Work highlights

  • Advised LondonMetric Property Plc on its recommended all-share offer for UK REIT Lxi REIT plc for £1.9bn.
  • Advised Aquila European Renewables on its “first of a kind” dual listing on Euronext Growth Dublin by way of a direct admission and its proposed s. 110 transaction with a number of listed investment companies.
  • Advised the board of Aquila Energy Efficient Trust on its recent strategic review, change of investment policy, proposed sale of all of the company’s assets and other proposals that address AEET’s size, liquidity and recent tender offer returning capital to shareholders.

Practice head

The lawyer(s) leading their teams.

Alasdair Steele

Other key lawyers

Kristy Duane, Jennifer Gray, Harry Cross