Bircham Dyson Bell acted for Contango Holdings plc in connection with its admission to the Main Market of the London Stock Exchange (Standard Listing), raising £1 million by way of a placing of shares. The market capitalisation of Contango Holdings plc was £1.225 million.
Contango Holdings is a cash shell established by leading industry figures Neal Griffith, Brian McMaster, Philip Richards and Oliver Stansfield, who intend it to make an acquisition in the natural resources sector.
Nick McCarthy comments:
‘We are delighted to have assisted Contango Holdings on its successful IPO on the London Stock Exchange and look forward to working with its experienced team in making a future acquisition’.