UK: Mayer, Brown, Rowe & Maw LLP Advises TradingSports Exchange Systems plc on £4 million AIM placement
Last Updated: 12 June 2003

The Corporate Group at Mayer, Brown, Rowe & Maw LLP have advised TradingSports Exchange Systems plc on the £4 million placing and admission to the Alternative Investment Market of the London Stock Exchange. Dealings in TradingSports' shares commenced on 29th May 2003. This is one of the few AIM IPOs to complete so far this year and, unusually in the current market, the placing was substantially oversubscribed and the share price has moved to a significant premium over the issue price.

TradingSports provides services to the international gambling markets, providing betting exchange systems to gambling companies and online sports portals and has already signed contracts with several major online sports betting companies including SportingBet, BetonSports, CRIS and eHorse.

The founders of TradingSports have been clients of Mayer, Brown, Rowe & Maw LLP since the business was set up in 2000.

Corporate partner Stephen Bottomley led the Mayer, Brown, Rowe & Maw LLP team and was assisted by Lauri-Lynn Pursall and Jeremy Henderson-Ross.

Nominated Adviser, Evolution Beeson Gregory Limited, were advised by Hammond Suddards Edge.

For further information, please contact:

Stephen Bottomley, Corporate Partner: 020 7782 8825
Angela Woodruff, Media Relations Manager: 020 7782 8804

About Mayer, Brown, Rowe & Maw

  • US general Mayer, Brown, Rowe & Maw has 13 offices worldwide, including representations in the world's major financial centres; London, Paris, Frankfurt and New York. Mayer, Brown, Rowe & Maw LLP's London office consists of 100 partners, 300 lawyers and a total staff of nearly 600. We deliver multi-jurisdictional advice to the world's leading companies, financial institutions and multinational businesses.
  • Mayer, Brown, Rowe & Maw is a combination of Mayer, Brown, Rowe & Maw LLP (an English limited liability partnership) and Mayer, Brown, Rowe & Maw (a partnership).

 

 

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