Serinus Energy's Successful Fundraising with Shore Capital

Deal News | Jan 10, 2025 | Reynolds Porter Chamberlain (RPC)

International law firm Reynolds Porter Chamberlain (RPC) has provided advisory services to Shore Capital in its capacity as the nominated adviser and broker for Serinus Energy plc. Serinus Energy, which is listed on the Alternative Investment Market (AIM) and specializes in upstream oil and gas exploration and production, sought to raise equity through a placing, subscription, and retail offer. This strategic capital raise aims to support Serinus Energy's expansion and operational plans. Shore Capital’s role, supported by RPC’s legal advisory, is pivotal in successfully executing the multi-faceted equity fundraising.

Sectors

Legal Advisory
Investment Banking
Oil and Gas

Geography

United Kingdom – Serinus Energy is listed on the AIM, which is operated by the London Stock Exchange in the UK, emphasizing the region's financial significance.

Industry

Legal Advisory – RPC provides legal advisory services which are crucial in guiding capital raising transactions for companies like Serinus Energy.
Investment Banking – Shore Capital's role as an adviser and broker highlights the investment banking sector's involvement in equity fundraising strategies.
Oil and Gas – Serinus Energy operates within the upstream oil and gas sector, focusing on exploration and production, making oil and gas a relevant industry.

Financials

– The article does not specify the exact amount raised in Serinus Energy's equity fundraising initiative.

Participants

Name	Role	Type	Description
Serinus Energy plc	Target Company	Company	An AIM-listed company engaged in upstream oil and gas exploration and production.
Shore Capital	Nominated Adviser and Broker	Company	An investment banking group acting as the adviser and broker for Serinus Energy's fundraising.
Reynolds Porter Chamberlain (RPC)	Legal Advisor	Company	An international law firm advising Shore Capital on legal matters related to the fundraising.