Firm News

Mishcon de Reya advises Strand Partners Limited and Teather & Greenwood Limited on the circa £30m AIM flotation of AdEPT Telecom Plc

Release Date: 16 February 2006
Law Firm: Mishcon de Reya
Client Name:

Strand Partners Limited (Nomad)
Teather & Greenwood Limited (Broker)

Description of Deal:

Advised Strand Partners Limited (Nomad) and Teather & Greenwood Limited (Broker) on the £8.2 million placing and admission to AIM of AdEPT Telecom Plc

Market Cap: Circa £30 million
Deal Completion Date: 15 February 2006
Firm's Key Personnel:

Ross Bryson, Partner (Corporate)

Other Parties:

Maclay Murray & Spens

Mishcon de Reya acted for both Strand Partners Limited (Nomad) and Teather & Greenwood Limited (Broker) on the £8.2 million placing and admission to AIM of AdEPT Telecom plc, a leading non-network, UK telecom company that provides fixed-line calls, line rental and broadband to business and residential customers in the UK. 

AdEPT started trading on AIM on 15th February 2006 with a market capitalisation of £29.5 million.  Maclay Murray & Spens advised AdEPT.

Ross Bryson led the team at Mishcon de Reya. This represents the third AIM admission on which Mishcon de Reya has advised in 2006.

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