UK: Gowling WLG's Investment Funds Team Acts On Restructuring For Aberdeen Frontier Markets
Last Updated: 29 August 2017

Aberdeen Frontier Markets Investment Company Limited enlisted the help of Gowling WLG's Investment Funds experts to effect a significant restructuring of the £130 million AIM listed company.

The team, led by partner Nick Heather, worked with Aberdeen Frontier Markets to adopt a new investment objective and investment policy and amend its investment management arrangements to include a subscription for ordinary shares by its investment fund manager, Aberdeen Fund Managers Limited (Aberdeen).

The team also worked on a tender offer by Numis Securities, on behalf of Aberdeen, to purchase up to 100% of the ordinary shares in issue.

In order for the restructuring to go ahead, Aberdeen invested £10 million of its own money into Aberdeen Frontier Markets to secure its future as a platform for investment. 

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

In association with
Press Releases from this Firm
Recent Content from this Firm
By Robert Paterson
By Bernardine Adkins, Rory Jones
By Ina Gerstberger
By Evan Atwood, Paul M. Murphy
By Rodney Northey
By John Sorensen
By Giles Clifford, Matt Hervey
By Josiah Edwards Davis
By John Sorensen
By Leila Burden Nixon, Olivia Lifman
Font Size: