Our transactions
Set out below are selected recent transactions concluded by Strand Hanson since our MBO in 2009.
Asian Plantations Limited
Equity placing with existing and new investors
Malaysia
Avisen Plc
Recommended Share Offer for 1Spatial Holdings Plc
Sirius Petroleum Plc
Equity placing and readmission to AIM
Frontera Resources Corporation
Restructuring of capital structure including debt to equity conversion, equity placing, SEDA facility, redomicile and Admission to AIM
Georgia
Castle Support Services Plc
Recommended cash offer for the Company by Sulzer (UK) Holdings Limited
Patagonia Gold Plc
Equity placing with existing and new investors
BV Acquisitions S.á.r.l
Recommended cash offer for Vero Software plc via a scheme of arrangement by Battery Ventures LLP
Central African Gold Plc
Sale of majority stake (88.7 per cent.) to New Dawn Mining Group Corp. (TSX:ND) (Implied valuation based on closing mid market price of 1.32p per CAG share)
Zimbabwe
Central African Gold Plc
Working capital loan facility from New Dawn Mining Group Corp. (TSX:ND), the major shareholder in CAG
Zimbabwe
Crosby Asset Management Inc
Disposal of all operating businesses to Hong Kong listed Crosby Capital Limited
Central African Gold Plc
Cancellation of admission to trading on AIM and buy-out offer to minority shareholders by New Dawn Mining Corp. (TSX:ND) (Implied valuation based on offer price to minorities of 0.6p per CAG share made under the third-party trading facility)
Zimbabwe
Gulf Keystone Petroleum Ltd
Equity placing to existing and new institutional investors
Iraq
Kalahari Minerals Plc
Sale of significant stake in Kalahari to APAC Resources Limited
Namibia
Gulf Keystone Petroleum Ltd
Equity placing to existing and new institutional investors
Iraq
Victoria Oil & Gas Plc
Equity placing to existing and new investors
The Kellan Group Plc
Issue of convertible loan notes to existing investors