Field Fisher Waterhouse advises RBC Capital Markets on AIM listing
Field Fisher Waterhouse has advised RBC Capital Markets on the admission of Rialto Energy Limited to the AIM market of the London Stock Exchange in a deal worth £173m.
Rialto is an oil and gas exploration, appraisal and development company with assets in offshore Côte d'Ivoire, West Africa and in the Exmouth Sub-Basin, offshore Western Australia. The transaction comprised of a full admission to AIM of the entire issued share capital of Rialto. Rialto's existing share capital is already admitted to trading on the Australian Stock Exchange.
Rialto sought admission to AIM in order to position the company to further develop its existing asset base and to seek other suitable opportunities when required.
The Field Fisher Waterhouse team was led by Corporate partner, Dominic Gurney-Champion and was assisted by senior associate Nicholas Heap. RBC Capital is acting as nominated adviser and broker to Rialto.
Dominic Gurney-Champion said: "We were delighted to work with RBC Capital Markets on this AIM listing and we wish Rialto all the best for the future."
Field Fisher Waterhouse is recognised as a leading AIM adviser with expertise in the oil and gas sector. In the past financial year the firm has advised on 45 deals, with clients that include Avocet Mining plc, President Petroleum Company plc and Trap Oil Group plc.
Fox Williams LLP advised Rialto Energy Limited.