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Ian Binnie

Ian Binnie

Solicitor – admitted 1987

"Ian Binnie's experience and understanding greatly assisted our company."
Chambers UK 2023

"He is a good operator who gets things done."
Chambers UK 2022

"Ian Binnie is commercial and understands small caps and the world of listed SMEs."
Legal 500 2022

'He knows the market, he has a lot of attention to detail and nothing will get left out at all with him.'
Chambers and Partners 2021

‘Dedication and commitment. Ian Binnie in particular stands out'
Legal 500 2021

'Ian Binnie is an experienced and clear-thinking adviser.'
Legal 500 2020

Ranked by Chambers & Partners legal guide for Capital Markets: AIM – UK-wide


Ian is Head of the Capital Markets team, based in the London office. He is an experienced corporate partner, recognised by Chambers & Partners for UK capital markets - AIM and by Legal 500 for Equity Capital Markets and M&A up to £50 million.

Ian provides pragmatic legal advice across the full range of corporate transactions working with a client base which extends to investment banks, public and private companies as well as funds and family offices. Sector expertise extends to mining and metals, oil & gas, clean-tech, healthcare, fin tech and consumer-orientated businesses. Many of Ian's transactions have an international element - particularly Africa and other emerging economies, and he has extremely strong relationships with the India business community gained from many years leading the South Asia group at his previous firm.


Recent Experience


  • Global Guide to Joint Ventures (Practical Law) - Author of the English country chapter


Capital Markets

  • Acting on the off-market share buyback by JKX Oil & Gas plc structured as a tender offer completed following its delisting from the premium segment of the Official List and cancellation of trading on the Main Market of the London Stock Exchange. The Tender Offer was made by Michelmores' client S.P. Angel Corporate Finance LLP as principal, structured as an off-market tender offer with a basic entitlement following a reduction of capital by way of a cancellation of share premium account to create distributable reserves.
  • Advising the sellers of the venture capital trust business of Mobeus Equity Partners LLP on the £20 million vendor placing by AIM quoted acquirer Gresham House plc. The vendor placing was part of a £40 million placing conducted by Gresham House as an accelerated book build. The initial consideration for the acquisition was £24 million with further consideration of up to £12.1 million.
  • Acting for Arden Partners plc as nominated adviser and broker in the £8.8 million placing and admission to AIM of TSX-V listed Arrow Exploration Corp.
  • Acting on the on-market share buyback by United Carpets Group plc structured as a tender offer by N+1 Singer in connection with United Carpet's de-listing from AIM. Michelmores acted for N+1 Singer as principal under the tender offer and as nominated adviser.
  • Acting on the £16 million AIM IPO of Vector Capital plc. Michelmores acted for Allenby Capital as nominated adviser and placing agent.
  • Advised TechMet on its USD 25 million investment from the United Sates International Development Finance Corporation
  • Advising on the reverse takeover by SAPO plc of Rural Broadband Solutions and re-admission to the AQSE Growth Market and acting for Hybridan LLP on the associated £2.5 million placing.
  • Advising Panmure Gordon as sole broker in an equity placing and subscription for AIM quoted Global Petroleum Limited.
  • Acting for Hybridan LLP on a secondary placing by AIM-quoted West African oil & gas investment company ADM Energy plc
  • Acting for Mining, Minerals and Metals plc on its Standard Listing of the Main Market of the London Stock Exchange. 
  • Advising the shareholders of Whitman Howard Group Limited on the sale its broking and corporate finance business to Panmure Gordon Group Limited
  • Acting for the shareholders of the Comarco group of companies, the Kenyan port and logistics business, on the reverse takeover of LSE standard listed Anglo African Agriculture plc (to be renamed Agulhas Group Africa plc) and re-admission to the standard list.
  • Acting for AIM-quoted Modern Water plc on a £1.85 million placing
  • Acting for broker Hybridan LLP in connection with a placing for Thor Mining plc (AIM)
  • Advising AIM-quoted Modern Water plc on its recent Open Offer to shareholders
  • Acting for African Battery Metals plc (AIM) on two African cobalt-nickel acquisitions and associated placing
  • Advising Whitman Howard as sole bookrunner in the £12 million fundraising for Koovs plc (AIM)
  • Acting for Brandon Hill Capital and Cantor Fitzgerald Europe as joint brokers on a £5.5 million placing for Kefi Minerals plc (AIM)
  • Acting for Smith & Williamson Corporate Finance as nomad in the placing by TMT Investments plc.
  • Advising Strand Hanson as financial adviser/nominated adviser and Tamesis Partners and Beaufort Securities as joint brokers in the admission to AIM of Cradle Arc plc and associated placing following its acquisition of a Botswanan copper-producing mine constituting a reverse takeover
  • Advising Feronia Inc. (TSX venture exchange), the large-scale commercial farmland and oil palm plantation operator in the Democratic Republic of the Congo, in connection with its funding options resulting in a US$17.5 million private placement
  • Advising African Battery Metals plc (AIM) in a placing and subscription
  • Acting for AIM quoted investment bank Arden Partners plc and Whitman Howard in relation to a £7.83 million placing (carried out as an accelerated book build) for Reabold Resources plc (AIM)
  • Advising Cantor Fitzgerald Europe as nomad and broker in the admission to AIM of ASX/AIM dual quoted Range Resources Limited following the acquisition of an oilfield services business constituting a reverse takeover.
  • Advising VSA Capital as financial adviser and broker to Columbus Energy Resources plc, the AIM-quoted Trinidad-based E&P in a £4.1 million placing, subscription and open offer
  • Acting for AIM quoted Modern Water plc on its placing, completed as an accelerated book build, and subscription
  • Acting for Turner Pope Investments (TPI) and Whitman Howard as joint brokers in a £4 million placing for AIM quoted Reabold Resources plc
  • Advising Whitman Howard as financial adviser and broker to standard listed Levrett plc on the acquisition of Nuformix (constituting a reverse takeover) and the associated placing and re-admission to the LSE Main Market
  • Advising Cantor Fitzgerald Europe on debt restructuring and placing on AIM for Trinity Exploration & Production plc
  • Acting for Plant Health Care plc on its accelerated-whitewash compliant AIM placing and open offer
  • Acting for AIM quoted Sula Iron & Gold plc on a placing and open offer and a further subscription through Riverfort Global Capital including advising on an associated  'equity sharing' agreement.

Mergers & Acquisitions

  • Advising the trustees of charity Bounce Back Foundation on its charity merger with Change, Grow, Live.
  • Acting for Rhopoint Metrology Limited in their acquisition of a Novotron Scientific Limited.
  • Acting for the independent board of AIM quoted Modern Water plc in the £52 million all-share merger with AIM quoted DeepVerge plc
  • Advising VSA Capital as financial adviser to TrueCommerce Holdings, the global provider of trading partner connectivity and integration solutions, on its £5.7 million recommended cash offer for NEX-quoted proprietary software company, Netalogue plc
  • Advising VSA Capital as financial adviser to the leading provider of technology solutions for contractors in the North American cleaning and security markets, TEAM Software, on its £18.5 million recommended offer for UK-based technology innovator Innovise
  • Acting for the shareholders of Knadel Limited, the market-leading investment management consultancy, in its sale to Catalyst Development, the award-winning specialist financial markets consultancy - following the investment from mid-market private equity firm Livingbridge
  • Advising the Mayor's Office For Policing And Crime (MOPAC) on its £250 million acquisition of The Empress State Building in Earls Court
  • Advising Europe's largest online water sports retailer, Wetsuit Outlet in a growth capital investment of £5 million from Mobeus Equity Partners.

Private Equity - Acting for Management Teams

  • Acting for the management team of a PE-backed group in negotiating and settling the terms of an equity incentive plan
  • Acting for the UK senior management team of the division by an AIM-quoted group in their employment and equity incentive arrangements following its sale to a large US listed group.


Ian was a member of the QCA Legal Expert Group for a number of years.


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