Don’t drown in the detail when floating your company
DON’T DROWN IN THE DETAIL WHEN FLOATING YOUR COMPANY
Floating a firm can be a business fraught with challenges, but help is at hand thanks to a new book with a chapter from Freeth Cartwright lawyers Mike Copestake and Bethan Davies.
Compiled by management consultant Jonathan Reuvid, Floating Your Company, the Essential Guide to Going Public, is described as covering every aspect of the flotation process and presents advice on how to float on markets such as the London Stock Exchange or the Alternative Investment Market (AIM).
The chapter on Corporate Governance - essentially how a company is directed and controlled - has been written by Mike and Bethan, who specialise in issues relating to corporate finance transactions and the responsibility of directors.
Bethan, based in the firm’s Nottingham offices, in Cumberland Court, commented: “Floating your business can be a challenge but the rewards are there.
“The key difference between a private company and a quoted company is the additional transparency required of a quoted company and the notion of fair dealing as between directors and shareholders. The quid pro quo, of course, is the access to funding and the ability to trade shares in the company on recognised stock exchanges. Businesses need to understand this and engage legal advisors who can offer clear advice.
“As commercially-aware lawyers, we were able to put together the chapter which is really a guide to what corporate governance is so that owners or managers of small to medium sized enterprises can gain an outline knowledge about corporate governance.”
Freeth Cartwright has acted on a number of flotations and has advised several companies in raising funding from the markets. For a brief guide on AIM, go to www.freethcartwright.co.uk/CorporateFinance where a downloadable pdf can be found.
For more details on how Freeth Cartwright could answer your legal questions, call 0845 634 9791.
ends - 28 February 2008