We provide advisory, consultancy and legal services relating to capital market operations including Public Issue and Private Placement of Shares, Unit Trusts, REITs and Debentures, Trust Transactions and Documentation, Securities Law, Fund Raising and other Capital Market transactions. We have advised and acted as Solicitors on a number of Capital Market transactions including the following:

 

Name of Client - Asset Management Corporation of Nigeria (“AMCON”)

Deal Size - N4,500,000,000,000.00 Debt Issuance Programme (Tranche II) being supplemental to the AMCON N3,000,000,000,000.00 Debt Issuance Programme.

Firm’s Role - Joint Solicitors to the Trustees

Firm’s Involvement – Review of the Programme Trust Deed, the Pricing Supplement of the Shelf Prospectus and the Supplemental Shelf Prospectus.

 

Name of Client – Bankers Warehouse Plc.

Deal Size – N1,000,000,000.00 (One Billion Naira)

Firm’s Role – Solicitors to the Trustees

Firm’s Involvement – Review of the Rights Circular for the Issue of 2,000,000,000 (Two Billion) units of Cumulative Irredeemable Convertible Debenture at N0.50 (Fifty kobo) per unit, preparation of the Debenture Trust Deed and advising on the transaction generally.

 

Name of Client - AIICO Capital Limited

Deal Size - N1,000,000,000.00 (One Billion Naira)

Firm’s Role - Solicitors to the Trustees

Firm’s Involvement – Review of the Product Paper and the Prospectus respectively, Preparation of the Trust Deed and the Custodial Agreement respectively, attending all Parties Meetings, Stamping the Trust Deed, Custodial Agreement and the Vending Agreement and advising on the transaction generally.

 

Name of Client - Oasis Insurance Plc.

Deal Size - N1,500,000,000.00 (One Billion Five Hundred Million Naira)

Firm’s Role – Solicitors to the Special Placing

Firm Involvement - Conducted due diligence on the Client at its office and at the Corporate Affairs Commission (“CAC”) and National Insurance Commission (“NAICOM”) to ascertain its legal status and to ensure compliance with the relevant Regulatory Statutes/Guidelines, Reviewed the Special Placement Memorandum, Prepared the  Vending Agreement, Rendered legal advice to the Issuing House, attended all parties meeting including the Completion Board Meeting and filed the documents relating to the Placement at the Corporate Affairs Commission.

 

 Name of Client - OPR Refining & Petrochemical Company Limited

Deal Size – N15,000,000,000.00 (Fifteen Billion Naira)

Firm’s Role – Solicitors to the Private Placement

Firm’s Involvement - Conducted due diligence on the Client at its office and at the Corporate Affairs Commission (“CAC”) to ascertain its legal status and to ensure compliance with the relevant Regulatory Statutes/Guidelines, Reviewed the Placement Memorandum, Prepared the Vending Agreement, Rendered legal advice to the Issuing House, attended all parties meeting including the Completion Board Meeting and filed the documents relating to the Placement at the Corporate Affairs Commission.

 

 Name of Client - Alpgam Gas Plc.

Deal Size – N75,000,000.00 (Seventy-Five Million Naira)

Firm’s Role – Solicitors to the Issue

Firm’s Involvement– Conducted due diligence on the Client at its office and at the Corporate Affairs Commission (“CAC”) to ascertain its legal status and to ensure compliance with the relevant Regulatory Statutes/Guidelines, Reviewed the Placement Memorandum, Prepared the Vending Agreement, Rendered legal advice to the Issuing House, attended all parties’ meetings including the Completion Board Meeting and filed the documents relating to the Placement at the CAC.

 

Name of Client: Regency Alliance Insurance Plc.

Deal Size – N4,850,000,000.00 (Four Billion, Eight Hundred and Fifty Million Naira)

Firm’s Role – Solicitors to the Listing

 

 Name of Client - Hallmark Paper Products Plc.

Deal Size – N5,000,000,000.00 (Five Billion Naira)

Firm’s Role – Solicitors to the Offer

Firm’s Role - Conducted due diligence on the Client at its office and at the Corporate Affairs Commission (“CAC”) to ascertain its legal status and to ensure compliance with the relevant Regulatory Statutes/Guidelines, Reviewed the Rights Circular, Prepared the Vending Agreement and the Joint Issuing Houses Agreement, Rendered legal advice to the Issuing House, attended all parties meeting including the Completion Board Meeting and filed the documents relating to the Offer at the CAC.

 

Name of Client – EDC Fund Management Limited

Deal Size – N1,000,000,000.00 (One Billion Naira)

Firm’s Role – Solicitors to the EDC Money Market Fund

Firm’s Involvement - Conducted due diligence on the Client at its office and at the Corporate Affairs Commission (“CAC”) to ascertain its legal status and to ensure compliance with the relevant Regulatory Statutes/Guidelines, Reviewed the Prospectus, Prepared the Vending Agreement, Custody Agreement, Trust Deed and the Solicitor’s Opinion, Rendered legal advice to the Issuing House and attended all Parties Meeting including the Completion Board Meeting.

 

 Name of Client – EDC Fund Management Limited

Deal Size – N500,000,000.00 (Five Hundred Million Naira)

Firm’s Role – Solicitors to the EDC Fixed Income Fund

Firm’s Involvement - Conducted due diligence on the Client at its office and at the Corporate Affairs Commission (“CAC”) to ascertain its legal status and to ensure compliance with the relevant Regulatory Statutes/Guidelines, Reviewed the Prospectus, Prepared the Vending Agreement, Custody Agreement, Trust Deed and the Solicitor’s Opinion, Rendered legal advice to the Issuing House and attended all Parties Meeting including the Completion Board Meeting.

 

            Name of Client – Capital Express General Insurance Ltd.

Firm’s Role – Solicitors to Capital Express General Insurance Ltd.

Firm’s Involvement – Conducted Due Diligence at the Corporate Affairs Commission (“CAC”) and the National Insurance Commission (“NAICOM”) on the Parties to the Merger i.e. Regency Insurance Plc., Capital Express General Insurance Company Limited, Destiny Insurance Company Limited and Nigerian Alliance Assurance Corporation Limited to ensure compliance with the relevant Regulatory Statutes/Guidelines, reviewed the Scheme of Merger and Financial Services Agreement between the Client and its Financial Advisers, prepared the Court Processes and filed the relevant documents at the CAC.

           

 

Name of Client - NEM Insurance Plc.

Firm’s role – Solicitors to NEM Insurance Plc. in the Merger with Vigilant Insurance Company Limited.

Firm’s Involvement – Conducted due diligence at the Corporate Affairs Commission (“CAC”) and the National Insurance Commission (“NAICOM”) on the Parties to the Merger i.e. NEM Insurance Plc., and Vigilant Insurance Company Limited to ensure compliance with the relevant Regulatory Statutes/Guidelines, reviewed the Scheme of Merger, prepared the Court Processes, obtained the Orders calling the Meetings and sanctions and filed the relevant documents at the CAC.

 

Name of Client - NEM Insurance Plc.

Firm’s role – Solicitors to NEM Insurance Plc. in the acquisition of Lombard Insurance Company Ltd

Firm’s Involvement – Conducted due diligence on the target Company at its registered office and at the Corporate Affairs Commission (“CAC”) and the National Insurance Commission (“NAICOM”) on the Client and Lombard Insurance Company Ltd to ensure compliance with the relevant Regulatory Statutes/Guidelines, reviewed the Scheme of Arrangement, prepared the Court Processes obtained the Orders calling the Meetings and sanctions and filed the relevant documents at the CAC.

 

Solicitors to the Trustees in A-Z Mutual Investment Fund (Unit Trust) in which Intercontinental Capital Market Limited (subsidiary of Intercontinental Bank Plc.) and Gateway Bank Plc. acted as Joint Issuing Houses.