Bird & Bird advised Panmure Gordon as Nominated Adviser, Sole Bookrunner and Broker on the AIM listing of European Green Transition plc. On Admission, European Green Transition had a market capitalisation of £14.45 million, and raised £6.46 million by way of an institutional placing, a subscription and a retail offer.
European Green Transition is developing a number of mining assets in Europe, which aim to capitalise on the opportunity created by the green energy transition. It intends to make further acquisitions of similar assets, and the fundraising and AIM listing will give it the ability to progress its existing assets and acquire new ones.
The Bird & Bird team was led by Michael Dawes (Partner), and Associates Zoe Symes and Amy Donlevey.
Michael Dawes comments: “In difficult markets, it was encouraging to see that there was high investor demand for European Green Transition, a company that will play an important role in the development of Europe’s clean energy transition. We were pleased to advise the Panmure team and help achieve the listing on time, in a tight timeframe.”
