| 1 | SAS 72 letters: seeking comfort This feature article explains the purpose and content of SAS 72 comfort letters in connection with international offerings of equity securities. | Articles | 01-May-2013 |
| 2 | Pre-marketing: threading the needle An examination of the legal and practical issues that issuers and underwriters face when engaging in UK and US pre-marketing activities and non-deal roadshows. | Articles | 27-Feb-2013 |
| 3 | New York listings and IPOs: the case for non-US companies This feature article reviews the key issues that a non-US company should consider when contemplating a US IPO and New York listing. | Articles | 28-Nov-2012 |
| 4 | The European IPO market: signs of life After a challenging 12 months for initial public offerings, European IPO activity has begun to show signs of activity with the recently completed IPOs of Direct Line Group, Talanx and Telefónica Deutschland, among others. However, while investor sentiment may gradually be improving, European IPOs still face a challenging environment. | Articles | 28-Nov-2012 |
| 5 | Year of the dragon: listing in Hong Kong and Shanghai This feature article, the fourth in a series of articles about the legal aspects of doing business in China, considers some practical issues in launching an IPO or secondary listing in Hong Kong and Shanghai, and highlights some of the key features of the listing process. | Articles | 30-Aug-2012 |
| 6 | Prospectuses: new regime The amendments to the prospectus regime have come into force in the UK, following the publication of Delegated Regulation (486/2012/EU) amending the Prospectus Regulation (809/2004/EC) in the Official Journal and the adoption of the Prospectus Regulations 2012 (SI 2012/1538). | Articles | 26-Jul-2012 |
| 7 | Prospectus Directive: implementation policy statement The Financial Services Authority and the Treasury have published a joint policy statement on the UK implementation of the Amending Directive (2010/73/EU) amending the Prospectus Directive (2003/71/EC) and the Transparency Directive (2004/109/EC). | Articles | 28-Jun-2012 |
| 8 | Prospectus Regulation: amending regulation The European Commission has published a delegated regulation amending the Prospectus Regulation (809/2004/EC). | Articles | 28-Jun-2012 |
| 9 | Prospectus Directive: draft delegated regulation The European Commission has published a draft delegated regulation amending the Prospectus Regulation (809/2004/EC). | Articles | 02-May-2012 |
| 10 | Prospectus Directive: ESMA technical advice The European Securities and Markets Authority has published the final version of the second part of its technical advice to the European Commission on possible delegated acts concerning the Prospectus Directive (2003/71/EC) as amended by the Amending Directive (2010/73/EU). | Articles | 29-Mar-2012 |
| 11 | Prospectus Directive amendments: implementing consultation The Financial Services Authority and the Treasury are jointly consulting on the UK implementation of the Amending Directive (2010/73/EU) amending the Prospectus Directive (2003/71/EC) and the Transparency Directive (2004/109/EC). | Articles | 25-Jan-2012 |
| 12 | Prospectus Directive: second ESMA consultation The European Securities and Markets Authority has published a consultation on its technical advice to the European Commission on possible delegated acts concerning the Prospectus Directive (2003/71/EC) as amended by Directive 2010/73/EU. | Articles | 25-Jan-2012 |
| 13 | Prospectus Directive: ESMA technical advice The European Securities and Markets Authority has published its final technical advice to the European Commission on possible delegated acts concerning the Prospectus Directive (2003/71/EC) as amended by Directive 2010/73/EU. | Articles | 27-Oct-2011 |
| 14 | Rights issues reform: where are we? During the first half of 2008, there were an unusually large number of rights issues in the UK as companies had to raise finance to deal with the financial crisis. However, it was considered that the execution of those rights issues could be improved and would benefit from review. As a result, three inquiries were commissioned into the equity capital raising process by listed companies. | Articles | 26-May-2011 |
| 15 | Prospectus Directive: ESMA call for evidence The European Securities and Markets Authority has issued a call for evidence on its advice to the European Commission on possible delegated acts in connection with the Prospectus Directive as amended by Directive 2010/73/EU. | Articles | 24-Feb-2011 |
| 16 | The standard listing regime: a third way? An analysis of the advantages for UK and overseas companies of a standard listing, compared to a premium listing or an AIM quotation. | Articles | 26-Jan-2011 |
| 17 | Pre-marketing in the EU and the US: convergence ahead The practice of pre-marketing equity offerings has historically diverged sharply in the EU and the US. In the EU, pre-marketing has long been an important step in the capital raising process. By contrast, US securities law and concerns over potential liability have constrained pre-marketing in the US to a greater degree than in the EU. But is this changing? | Articles | 01-Dec-2010 |
| 18 | Prospectus Directive and Transparency Directive The Council of the European Union has adopted a proposed directive to amend the Prospectus Directive (2003/71/EC) and the Transparency Directive (2004/109/EC). | Articles | 27-Oct-2010 |
| 19 | Trends in IPOs: a fragile recovery After a long dormant period, the European IPO market began to show some signs of life in the fourth quarter of 2009. Successful IPOs have been scattered across a number of European exchanges and represent a number of industries. Nevertheless, a few interesting trends have emerged which may be instructive for companies contemplating an IPO. | Articles | 28-Apr-2010 |
| 20 | UKLA “List!” Issue 24 The UK Listing Authority has published the 24th issue of List!, a special edition which addresses the interaction between working capital statements and risk factors in prospectuses and circulars. | Articles | 24-Mar-2010 |
| 21 | Private M&A: SPAC invaders This article examines how special purpose acquisition companies, or SPACs, work in practice, and considers the key issues relevant to doing deals with SPACs. | Articles | 26-Jun-2008 |
| 22 | Private equity: fund listings An explanation of the attractions of seeking permanent capital through a listing | Articles | 22-Feb-2007 |
| 23 | The Prospectus Directive: business as usual a year on? James Inglis and Ben Dulieu of Linklaters take stock of the new listing and prospectus regime's impact on issuers and their advisers. | Articles | 25-May-2006 |
| 24 | Northumbrian Water: Making a virtual splash An analysis of the key elements of the “virtual” bid for the Northumbrian Water Group. | Articles | 21-Oct-2003 |
| 25 | Prospectus Directive: Offering a better regime? A consideration of the impact of the revised Prospectus Directive. | Articles | 15-Sep-2003 |
| 26 | Internet IPOs: Identifying the investment risk A number of UK companies are considering flotations of thier internet subsidiaries. Some companies such as Freeserve plc, a subsidiary of Dixons Group plc, have already been floated. New companies such as lastminute.com plc are also turning to the markets to raise capital. | Articles | 31-Mar-2000 |
| 27 | Freepages' international offering: The NASDAQ factor A USA and international offering of new shares on a non pre-emptive basis coupled with a listing on NASDAQ. The listing involved a bookbuilding and the use of American Depository Shares (ADSs). | Articles | 01-Jun-1997 |
| 28 | Research reports Liability for comments (such as profit estimates or profits forecast) made in research reports issued by connected brokers close to new share issues, together with potential means of excluding liability, such as blackout periods or chinese walls. | Articles | 01-Mar-1997 |
| 29 | Railtrack: The global offering structure Rail privatisation is one of the most complex UK privatisations to date. The Railtrack global offering saw the first use of an open-priced, bookbuilding underwriting structure on an initial public offering by the government as part of a UK privatisation. The offer combined an international offer, a UK public offer and an offer to Railtrack employees. | Articles | 01-Aug-1996 |
| 30 | The BSkyB global offering: New twists to bookbuilding How the offer was structured, adding new twists to the bookbuilding method. | Articles | 01-Jan-1995 |
| 31 | The Wellcome share offer: The advantages of bookbuilding Considerations of some of the features of the largest non-privatisation share sale in the UK. | Articles | 01-Nov-1992 |
| 32 | A future for international public offerings? An overview of how these are accomplished focusing in particular on GPA and Wellcome. | Articles | 01-Jul-1992 |