EQUITY & DIVIDENDS
We can help to raise new equity or increase distributable reserves and can also resolve the technical accounting or operational issues that arise.
Examples of our services include:
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Identify and resolve reserves issues by unlocking value in a group structure
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Advise on terms for issuance of new financial instruments
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Work with business management to prepare for capital market transaction
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Prepare prospectus or investment memorandum, and work with bankers on IPO issuance.
Managing the challenges
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The sources of capital to support corporate ambitions change as companies mature. Venture capital is one initial source but listed equity has many advantages, e.g. as a ready exit route for investors, but is heavily regulated with higher corporate governance requirements.
Managing a company’s equity requires careful attention and often needs specialist advisory input. For example, directors intending to pay dividends are legally required to formally establish that sufficient profit reserves exist.
Each stage of evolution into a public company begins at least a year or two in advance of funds raise, and continues beyond. This is a business transformation process and an opportunity to improve business practices and prepare for public scrutiny.