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www.strandhanson.co.uk
Founded in 1993, Strand Hanson is one of London’s foremost, long standing independent advisory boutiques, and is a leading adviser to companies in both developed and emerging markets.Headquartered in London and with an office in Cape Town, South Africa,Strand Hanson’s operations are supported by a global network of advisersand consultants in Africa, South East Asia, South America and the Middle East, providing our clients with local contacts who both understand their regional markets and have global capital market expertise.
Our business is wholly management owned and controlled, lending significant flexibility and speed of response to our business model.
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www.strandhanson.co.uk 01
WELCOME
Simon RaggettChief Executive
Strand Hanson is an independent advisory-led, modern merchant bank, with a specific focus on providing the highest quality independent financial and strategic advice to our clients across a broad range of sectors and geographies.
Using our focused expertise, we are able to minimise the risks inherent in complex transactions in order to structure the best deal for our clients. We seek to tailor each transaction to the specific needs of our clients, recognising that the “one size fits all” model does not maximise value or deliverability.
Effective planning significantly improves transaction processes – ensuring that results are consistent with the wider corporate strategy.
Drawing on our executive team’s considerable experience across a significant range of sectors, geographies and transaction types, Strand Hanson is focused on delivering bespoke, strategic and timely advice to our clients, regardless of their size.
The Lord St John of BletsoChairman
“We partner with our clients to deliver solutions consistent with their strategies.”
AIM statistics Leading Nomad:
1st 1st 1st 35Ranked 1st by number of AIM Clients operating in Africa
Ranked 1st by number of Oil & Gas Clients
Ranked 1st by number of Basic Materials Clients
Nomad to over 35 AIM Clients
London Stock Exchange Statistics, May 2017
Leading M&A adviser:Awarded Best Full-Services M&A Adviser 2017 by Acquisition International
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MISSION: PARTNERING WITH OUR CLIENTS, UNDERSTANDING THEIR AIMS AND GOALS AND WORKING TO IMPLEMENT SOLUTIONS.
Culture
Strand Hanson forges long lasting and deep relationships with its clients, partnering with them to both identify and capitalise on opportunities, and address challenges as they arise.
SeniorityHighly experienced senior executives – our senior team members have all worked at Strand Hanson for more than 10 years – work alongside investors, boards and management teams, to deliver high quality, clear and impartial advice on both a transactional and an ongoing basis.
LongevityLong-standing relationships are at the centre of our approach and ensure knowledge retention and consistency of advice.
PerspectiveA thorough understanding of our clients’ requirements and the jurisdictions in which they operate gives us the perspective to provide tailored, independent best advice.
Approach• Discretion and confidentiality
assured• Independence of advice• Speed of response• Flexibility and creativity
Impact for clients• Meaningful dialogue• Unbiased advice• Unparalleled retention levels
Lord St John (Anthony) is H.M. The Queen’s representative for Africa and is heavily involved in UK government and corporate policy across the continent, as well as being a Lord-in-Waiting for the Middle East.
Anthony brings his considerable experience to advise our clients on realising their potential and resolving challenges – particularly via high level introductions to appropriate members of both the business and political communities.
“ Partnering with our clients to achieve their aims and objectives is at the heart of our business – we succeed when our clients are successful.”
The Lord St John of BletsoChairman
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SectorsSTRAND HANSON ADVISES COMPANIES IN A BROAD RANGE OF SECTORS:
OIL & GAS
ENERGY
MINING AND CONSTRUCTION
INFRASTRUCTURE AND CONSTRUCTION
AGRICULTURE
TMT
REAL ESTATE
RETAIL AND LEISURE
GAMING
FINANCIAL
SUPPORT SERVICES
PRIVATE EQUITY/FINANCIAL SPONSORS
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Service AreasSTRAND HANSON OFFERS A FULL RANGE OF CORPORATE FINANCE SERVICES.
“Listing on the London Stock Exchange can offer businesses access to a broader investor base and offer an enhanced profile. Its success is rooted in planning and an understanding of the likely issues.”
“ The timing and structure of secondary fundraisings varies significantly from company to company. We work to ensure the right structures are in place for each of our clients.”
FlotationsSummaryStrand Hanson advises businesses from a wide range of sectors and jurisdictions on flotations in London, on both the AIM and the Main Market of the London Stock Exchange. Our independent advice includes structuring and valuation work alongside IPO execution and management.
Strand Hanson prides itself in providing uncompromised, independent advice to our clients in the flotation process, identifying and working with a variety of brokers to ensure the highest standards of service and the best chance of success.
Since 2009, we have advised on a significant number of IPOs and secondary fundraises, in aggregate, approximately £2bn.
FundraisingSummaryStrand Hanson is able to advise clients on all aspects of their fundraising activities, whether public or private including assistance with sourcing and structuring of both debt and equity financing.
For clients looking to raise equity or debt finance, Strand Hanson advises on:• Optimal capital structure• Timing• Appropriate equity and debt sources• Financial implications of equity and
debt issues• Current market conditions and
investor sentiment
Since 2009, we have advised on over 200 secondary fundraisings, raising, in aggregate, in excess of £1.5bn.
“ Strand Hanson is a leading mid market M&A adviser and our current team has advised on M&A transactions with an aggregate value of c.£3bn since our MBO in 2009.”
M&ASummaryStrand Hanson provides a full M&A offering with a dedicated M&A team advising corporate clients, financial sponsors and activist shareholders on all aspects of M&A, including both public and private acquisitions and strategic defence planning.
Strand Hanson is one of the most active UK Takeover Panel approved advisers, and we have significant experience of working as financial adviser to both offerors and offerees on all M&A related matters.
Strand Hanson has won a number of awards for M&A, including, most recently, Best Full-Service M&A Adviser 2017 from Acquisitions International.
We offer a comprehensive range of M&A services, both for public and private M&A and have advised on some of the most complex transactions in the UK market.
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“High quality, independent advice can be a significant factor in a company evaluating its strategic opportunities – the earlier that it is sought the more effective it tends to be.”
Strategic AdvisorySummaryStrand Hanson offers a wide range of general corporate advisory services, to both private and public companies, which complement our AIM and Main Market advisory practices.
This includes:• Market reviews• Board structuring advice• Advice to activist shareholders• Financial and business restructuring advice• Dual listings, including fast track listings• Secondary listings• Retail Bonds
“ Strand Hanson has in-depth expertise in advising all types of participants in MBOs and MBIs and also has strong contacts within the debt and equity funding markets.”
“ Disposals of entire businesses or non-core assets/divisions can be an effective way of realising value for shareholders and refocusing the business.”
MBOs & MBIsSummaryStrand Hanson has extensive experience advising clients (including management teams, financial sponsors and activist shareholders) on Buy-ins and Buy-outs, assisting with the analysis, marketing, fundraising, project management, capital structuring and execution of transactions.
Strand Hanson has strong relationships with a number of leading Financial Sponsors, UHNWs, family offices, and other finance providers.
RestructuringSummaryCorporate restructuring can take a wide variety of different forms and can be highly complex, particularly in cross-border transactions. Our diverse client base and extensive M&A experience leave us well placed to advise on debt and equity restructuring.
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n Countries in which Strand Hanson has advised clients.
Alain FanaieSenior Adviser Natural Resources and Infrastructure
Alain has 30 years of experience in banking and commodities which includes 14 years in Paris, 10 in London and 6 in Singapore. Throughout his career, Alain has been involved in the commodity sector, in particular, Oil & Gas. He was Global Head of Structured Commodity Finance at Credit Agricole CIB for 10 years and in his last banking position in 2011 he was a member of the Management Committee of Credit Agricole CIB, covering global natural resources and infrastructure sectors. He was also CEO of China Sonangol International for 3 years and CEO of Newway Advisory, both based in Singapore. Alain has a Masters Degree in International Trade from Ecole Supérieure de Commerce International and a Masters Degree in Banking from Centre d’Etudes Supérieure de Banque in France.
Approach• Global partnership network• Proactive sourcing of opportunities
for clients through extensive referral network
Impact for clients• Enhanced execution capacity• Global reach and visibility
Strand Hanson has developed strategic partnerships to broaden our global reach and contacts, providing access to a large number of opportunities, particularly in emerging markets, including Africa, the Middle East, South America and Asia.
In a truly international business world, a physical presence in different global regions enhances communication and promotes better understanding of local legal, political and cultural issues – leading to more efficient deal execution and greater support for clients.
In addition to our full service office in South Africa, which is key to servicing clients across the continent, Strand Hanson has representatives in a number of jurisdictions, including Argentina and Ghana who work alongside the team in identifying opportunities and undertaking transactions in key emerging markets. This approach has been welcomed by clients, who appreciate a local point of contact and a physical presence as live transactions arrive.
Global Reach
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Stuart ThomsonStrand Hanson Representative Middle-East – Dubai
Miles LewisStrand Hanson Representative South America – Argentina
SINCE 2008, STRAND HANSON HAS RECOGNISED THE IMPORTANCE OF REPRESENTATION IN REGIONS WHERE IT IS MOST ACTIVE, WORKING ALONGSIDE OUR UK AND SOUTH AFRICAN OFFICE HEADS
Stuart has over 25 years of international business experience, including from 1989 to 2001 as the Chairman and Managing Director of Professional Investment Consultants (PIC) based in Dubai. PIC grew from a start-up office and two consultants to sixteen offices and over one hundred consultants worldwide. Since 2001, Stuart has held numerous executive positions on various company boards within the Middle East, UK and Australia.
He offers clients his extensive knowledge and network of international connections. Stuart’s strong business management capabilities and entrepreneurial style bring a wealth of skills to identify growth opportunities and offer appropriate introductions to relevant contact parties in the Middle East region. Stuart has assisted with the transaction of capital raisings on various AIM and ASX mining listed companies with project values well in excess of US$400m.
Miles started his career as a derivatives trader, becoming Head of Equity Derivative Sales for Credit Lyonnais Securities in 1994. Thereafter, he moved into venture capital, spending 10 years with Compass Investment Management as Managing Director of their technology investment and advisory business, Compass Venture Management.
He then joined Strand Hanson as a Director and focused on technology and renewable energy until 2006 when he decided to focus on his personal investments in waste to energy technology. Miles has been an early stage investor, adviser and founder of a range of companies across a broad spectrum of industries. In 2009 he moved to Buenos Aires, where despite the challenging business climate of the time, he acted as a consultant to agribusiness, insurance and property/hotel investors.
Rory HardingStrand Hanson Representative Africa – Ghana
Rory is an experienced business development professional and originator. He has raised and introduced financing for businesses and developed projects in a variety of sectors; including manufacturing, energy, agriculture and mining. He has been working in Africa for six years and has built very strong political and commercial relationships in Ghana and the West African region.
In 2011, Rory founded a mining services company, which until 2016, provided mining services to a TSX listed gold producer in Ghana. Rory has also been involved in a number of feasibility studies and due diligence programs in petroleum infrastructure, power production and mining exploration.
Rory has also spent time in Mexico working on a gold project and in Kenya, where he was involved in the management of a large commercial farm, whilst developing a research facility for commercialisation of agricultural sanitisers. Rory’s recent focus has been on business development for two International Energy Trading Houses for whom he has arranged local content partners and facilitated import of clean petroleum products and bunker fuels into the WAF market in 2016.
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Location: Algeria
Deal Type: All cash hostile offer for Petroceltic International plc and the purchase of Petroceltic’s debt by Worldview Capital and Examinership process.
$240mAggregate size of restructuring package
WORLDVIEW CAPITAL PLC
Case Studies
BackgroundIn October 2015, Strand Hanson was appointed by activist hedge fund, Worldview Capital (“Worldview”), a 29.6% shareholder in Petroceltic International Plc (“Petroceltic” or the “Company”), to act as Financial Adviser to Worldview as it sought to secure control of Petroceltic, in order to re-invigorate the management team, restructure the Company’s balance sheet and, ultimately, implement its development plan to unlock the potential of Petroceltic’s various oil and gas assets.
The Company was severely constrained by its significant indebtedness, with c.US$200 million (the “Senior Bank Facility”) owed to HSBC, IFC, NedBank and Standard Chartered (the “Banking Syndicate”), which increased rapidly, to over US$230 million, by March 2016. Petroceltic had been in breach of its debt covenants for over a year and recurring waivers had had to be granted by the Banking Syndicate.
Strand Hanson’s roleStrand Hanson advised Worldview on its negotiations with both the Board of the Company and, separately, the Banking Syndicate, regarding the potential provision of a new debt facility to recapitalise the Company.
Following a breakdown in those negotiations, Strand Hanson advised Worldview on its hostile takeover of the Company (the “Offer”), which was launched at a discount of more than 80% to the then market price, signifying Worldview’s belief that the Company’s equity was almost worthless. During the Offer period, the Company’s financial condition was worsening and Worldview petitioned for Petroceltic to enter into a protective Examinership process under Irish law, leading to the Company’s suspension from trading on the AIM and ESM markets. Shortly thereafter, Worldview acquired the majority of the Senior Bank Facility from two of the Banking Syndicate members, at a significant discount to face value and effectively took control of the Examinership process, thereafter lapsing the Offer with 55% valid acceptances received.
Ultimately, following a complex series of negotiations, with multiple parties and advisers, across several jurisdictions and legal/regulatory regimes, spanning a six month period, Worldview, advised by Strand Hanson, obtained 100% control of the Company via the Examinership route, at a very significant valuation discount to the equity and enterprise valuation of the Company at the commencement of the process.
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Location: Channel Islands
Deal Type: Acquisition of Ronez Limited for £45m in cash, £40m placing of ordinary shares and £10m placing of convertible loan notes and admission of the enlarged share capital to trading on AIM (the “Transaction”).
£50mDeal size
BackgroundIn August 2016, Strand Hanson was appointed as Nominated and Financial Adviser to SigmaRoc plc (“SigmaRoc” or the “Company”) following a restructuring of the Company, which involved, inter alia, the disposal of its previous operating business, the introduction of a new Board/management team and re-classification as an AIM Rule 15 cash shell.
In December 2016, the Company announced that it had entered into a conditional acquisition agreement with Aggregate Industries Limited, a wholly owned subsidiary of LafargeHolcim Ltd., for the purchase of its business in the Channel Islands, Ronez Limited, for consideration of £45.0 million in cash (the “Acquisition”).
Strand Hanson’s roleStrand Hanson advised SigmaRoc on all aspects of the multi-faceted AIM admission, including coordination and oversight of the necessary legal, financial, M&A and capital market work streams. Strand Hanson put together the advisory team and assisted in pulling together a balanced and experienced board of directors. The Transaction was completed on an accelerated timetable and required formal approval from the Channel Islands Competition & Regulatory Authorities. The Strand Hanson team considers the Transaction to be the first re-admission of an AIM Rule 15 cash shell via a reverse takeover since the new regulations were introduced in January 2016.
SIGMAROC PLC
Location: Russia
Deal Type: Class 1 Disposal of commercial real estate assets and loan restructuring.
$620mDeal size
BackgroundIn May 2016, Strand Hanson was engaged to act as Sponsor to AFI Developments plc (“AFI” or the “Company”). AFI was in discussions with its principal lender, VTB Bank PJSC (“VTB”), regarding the settlement of outstanding loans of c.US$620 million.
AFI had announced its preliminary results for the year ended 31 December 2015 in March 2016, which showed a decrease in the value of the Group’s property assets by approximately US$0.5 billion to US$1.4 billion. VTB subsequently notified AFI that in its opinion AFI had experienced a material adverse change in its financial conditions and that AFI had 30 days to implement steps to address this, otherwise VTB would exercise its right to seek early repayment of the loans of c.US$620 million.
Strand Hanson’s roleStrand Hanson acted as Sponsor to AFI in respect of its complex negotiations with VTB which extended over a six month period.
AFI DEVELOPMENT PLC
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STRAND HANSON USES ITS OWN RESOURCES TO INVEST IN CAREFULLY SELECTED OPPORTUNITIES WHERE THE TEAM CAN IDENTIFY FUTURE GROWTH POTENTIAL.
Proprietary Investments
Strand Hanson operates a genuine merchant banking model, making direct investments from our balance sheet into assets and companies identified as having high growth potential.
Approach • Hybrid funding solutions• Global partnership network
Impact for clients• Reduction of red tape and heightened
responsiveness• Global reach and visibility
This capability enables us to take advantage of unique or early stage investment opportunities that are identified internally, whether in London, via our African office, or through our network of representatives, contacts and clients.
Being management owned, we are also able to offer flexibility in fee structures which may allow us to take a portion of our fees in equity or quasi-equity, which may be of particular interest and benefit to earlier-stage businesses.
To date many of Strand Hanson’s interests have been in jurisdictions in which it has previously acted in an advisory capacity and where our local knowledge, often enhanced by our network of contacts, enables us to make informed investment decisions.
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SPECIALISING IN ADVISING PRIVATE COMPANIES, FROM EARLY STAGE TO LARGER, MORE MATURE ENTERPRISES.
Strand Ventures
Strand Ventures provides high level advice and introduces funding and strategic partners to a range of corporates and asset owners.
The growth in energy markets presents opportunities for Strand Hanson to leverage its well developed network of finance partners with high quality projects.
The focus of these transactions is emerging markets, with most transactions being in the natural resources, energy and infrastructure sectors, where significant opportunities often exist and need to be structured appropriately to satisfy investors.
Many projects which are key to opening up new markets require bespoke funding which meets their economic needs as well as the political demands of their jurisdictions. Strand Ventures works in partnership with project owners, insurance companies, banks and funds to structure propositions to ensure that commercial, jurisdictional and project risks are successfully managed.
Iek van Cruyningen Director, Strand Ventures
Alain Fanaie Senior Adviser, Natural Resources and Infrastructure
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AfricaAFRICAN COUNTRIES IN WHICH STRAND HANSON HAS EITHER ADVISED CLIENTS OR DIRECTLY PARTICIPATED AS PRINCIPAL.
Strand Hanson has extensive experience in Africa, having advised clients across the continent, as set out below:
Advisory1. Algeria2. Mali 3. Mauritania 4. Liberia5. Ghana6. Benin7. Nigeria 8. Cameroon 9. Ethiopia10. Tanzania11. Mozambique12. Zambia13. Madagascar14. Botswana15. Namibia16. South Africa17. Zimbabwe18. Comoros19. Niger20. Sudan21. Kenya22. Egypt23. Lesotho24. Guinea25. Burkina Faso26. Senegal27. Gabon
Investments3. Mauritania 5. Ghana7. Nigeria 8. Cameroon 9. Ethiopia10. Tanzania11. Mozambique12. Zambia13. Madagascar14. Botswana15. Namibia16. South Africa18. Comoros
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Strand Hanson has a unique presence in Africa, being the only one of its peer group to have a dedicated office on the continent.The African office was established in late 2008 in anticipation of the booming interest in Africa, in particular in commodities and agriculture.
Hands on experienceConsistently ranked number one Nominated and Financial Adviser for AIM companies operating in Africa by number.
c.£630mMarket cap of retained African clients as at 31 May 2017
27African countries in which Strand Hanson has either advised clients or directly invested
“ Africa offers an abundance of opportunities for both investors and corporates seeking to expand. Through our extensive network and our considerable experience across the continent, Strand Hanson is well positioned to assist our clients in capitalising on these opportunities.”
Advisory• Up-to-date, relevant in country
knowledge• Key relationships with local market
participants
Investment• On the ground presence leading
to identification of high growth opportunities
• Flexible approach enabling co-investment alongside established players
The Lord St John of BletsoChairman
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Corporate Social ResponsibilityAS A GLOBAL ORGANISATION OPERATING ACROSS A BROAD RANGE OF SECTORS AND GEOGRAPHIES, WE RECOGNISE THE VALUE AND NECESSITY OF ACTING IN A RESPONSIBLE WAY.
Strand Hanson is a global financial advisory company acting across a range of sectors and geographies. We recognise the need to act in a way that is sustainable and responsible, striving wherever possible to make a real difference to the numerous stakeholders and communities with which we interact.
It is important that we recognise the areas in which we can have the greatest impact as a financial advisory company, and we approach sustainability through three interconnected pillars:
Our clients and investments – we consider the sustainability profile of potential clients and investments from a social and environmental as well as a financial perspective and actively encourage clients and partners to
adopt corporate and environmental programmes in line with our own.
Our communities – we provide financial and non-financial support to our communities in various ways, including donations, sponsorships and employee volunteering.
Our planet – we strive to minimise our environmental impact, encouraging schemes to improve our energy efficiency and minimise waste.
“ We believe in acting responsibly and making a positive difference to the communities we operate in.”
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Strand Hanson has selected the Atlantis Dream Team as an official corporate social investment (CSI) initiative.
The Atlantis Dream Team is a registered non-profit organisation based in the Atlantis community in Cape Town, South Africa. The initiative is focused on empowering and uplifting a disadvantaged community through developing sustainable job creation programmes, basic health care, nutrition, education and training, and the promotion of human rights.
Strand Hanson is working with Caban Investments to provide the platform for the Atlantis Dream Team to become self-sustaining, a model which over time is intended to be applied and developed in other communities across Southern Africa.
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Our People THE BOARD
The Lord St John of BletsoChairman
Anthony joined Strand Hanson in April 2014 and was appointed as its Chairman in January 2015. In addition, Anthony chairs its African business.
Anthony qualified as a lawyer in South Africa and obtained a Masters in Law from the University of London before going on to work as an oil analyst at County NatWest and thereafter as a senior consultant to Merrill Lynch.
Anthony was Chairman of Spiritel PLC between 2004-2012 and has also been a Non-Executive Director of Regal Petroleum plc, Sharp Interpak Limited and Pecaso Group Inc. He has also served on the advisory boards of Infinity SDC, Chayton Capital and Ariya Capital with a focus on Agriculture and African business opportunities. He is currently a Non-Executive Director of Albion Ventures LLP and Chairman of the Governing Board of Certification International.
Rory MurphyDirectorHead of Natural Resources
Rory qualified as a chartered accountant with KPMG prior to joining Greig Middleton & Co’s corporate finance division.
He joined Strand Hanson in November 2001, having worked latterly for Charterhouse Securities Limited and then ING Barings. He is experienced across a broad spectrum of sectors and has advised on flotations, secondary fundraisings and merger and acquisition transactions. He is particularly focused on the oil and gas sector and has advised international oil companies with assets throughout the world.
Simon RaggettChief Executive
Simon joined Strand Hanson from Greig Middleton & Co in 1999. He became Chief Executive in 2006 and led the management buy-out of the business in 2009.
Simon has been responsible for the Company’s international expansion through the development of global strategic relationships.
He acts as lead adviser to a broad range of domestic and international clients, sovereign wealth funds and global private equity investment organisations.
Simon is active, as a senior advisor, in both ECM and M&A transactions.
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James HarrisDirectorCo-Head of Equity Capital Markets
James graduated in accounting and joined Robert Fleming Securities in 1993. Shortly thereafter he moved with his team to form the equity corporate finance division of SG Securities and then to Arbuthnot Securities (formerly Old Mutual Securities) in 2001.
He has advised companies across a wide variety of sectors and transactions, including flotations and secondary fundraisings, restructurings and M&A. James joined Strand Hanson in May 2004.
Stuart FaulknerDirectorHead of Mergers & Acquisitions
Stuart read Modern History at St Anne’s College, Oxford University. After university, Stuart joined the investment banking division of Barclays de Zoete Wedd, which was acquired by Credit Suisse First Boston in 1997, before moving to Merrill Lynch in 1998, where he worked in the International M&A and UK coverage teams until 2005, before joining Strand Hanson in February 2006.
Stuart has advised a wide variety of UK and international companies, including a number of FTSE 100 companies as well as activist shareholders and financial sponsors, on LBOs/MBOs, disposals and mergers & acquisitions. Stuart has extensive experience of cross border and UK and Irish Takeover Code transactions, including a number of hostile and contested offers.
Stuart is a Fellow of the Chartered Institute for Securities and Investment.
Simon WharmbyNon-Executive Director
Simon has been an institutional and corporate stockbroker for some 35 years with Sheppards, Charles Stanley and Corporate Synergy. Graduated 1969 University of East Anglia with a degree in economics and sociology.
He co-authored a North Sea Oil & Energy review for some 20 years prior to concentration on a broader range of new AIM issues. He is a member of the Securities Institute, a former LSE member, as well as being a Director of Albany Capital, and Letchworth plc.
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Our PeopleSENIOR MANAGEMENT
Angela Hallett Managing Director of Corporate Finance
Angela has over 14 years’ investment banking experience, having joined the corporate finance team at Strand Hanson in 2000 from Arthur Andersen in Australia where she qualified as a chartered accountant.
Angela has extensive experience of all aspects of public company work, including IPOs, fundraisings, Takeover Code work, the Listing Rules and the AIM Rules. She advises a number of UK and international companies, primarily focused on the Natural Resources and Services sectors.
James Spinney Director of Corporate Finance Co-Head of Equity Capital Markets
James read Politics and Philosophy at Durham University before qualifying as a Chartered Accountant with PricewaterhouseCoopers, where he worked for 4 years before joining the Corporate Finance practice of Ernst & Young.
At E.Y, James gained extensive experience of cross border transactions, working in New York, Moscow and Johannesburg, as well as being involved in a number of high profile transactions within Europe.
James advises on both M&A and equity capital market transactions.
Warren Pearce Managing Director Strand Hanson South Africa
Warren completed an honours degree in Business Science at the University of Cape Town before joining Strand Hanson in February 2000.
Warren provided M&A, Takeover Code and equity financing advice to listed and private companies in the UK before establishing the regional office in South Africa in 2008. Since 2008, Warren’s role has been focused on developing Strand Hanson’s African presence, including the cultivation of an extensive network of client companies, investors, advisers, governmental and quasi-governmental agencies and industry bodies.
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Simon Raggett Chief Executive
Rory MurphyDirectorHead of Natural Resources
James Harris Director, Co-Head of Equity Capital Markets
Stuart FaulknerDirector Head of Mergers & Acquisitions
Simon Wharmby Non-Executive Director
The Lord St John of Bletso Chairman
Angela Hallett Managing Director of Corporate Finance
Warren Pearce Managing Director Strand Hanson South Africa
James Spinney Director of Corporate Finance, Co-Head of Equity Capital Markets
Matthew Chandler Director of Corporate Finance
Richard Tulloch Director of Corporate Finance
Iek van Cruyningen Director Strand Ventures
Ritchie Balmer Associate Director Corporate Finance
James Dance Associate Director Corporate Finance
James Bellman Manager Corporate Finance
Jack BotrosAssociate Corporate Finance
TEAM
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“ Strand Hanson is our go-to adviser for public offers – the depth of the team’s knowledge, and their ability to marshal the wider advisory team, allows us to act quickly and decisively on public M&A opportunities.”
Christopher MillsManaging Partner, Harwood Capital Management
“ Strand Hanson advised SigmaRoc on the reverse takeover of construction materials and quarrying business, Ronez Limited. Ronez was a subsidiary of LafargeHolcim, spun out via a competitive and time sensitive tender process. Strand Hanson has continued to be a trusted adviser on a range of corporate matters.”
Max VermorkenChief Executive Officer, SigmaRoc plc
WE RECOGNISE THAT EVERY CLIENT AND EVERY TRANSACTION IS UNIQUE AND WE ARE COMMITTED TO DELIVERING THE BEST ADVICE IN EVERY SITUATION. BELOW IS A SELECTION OF SOME TESTIMONIALS FROM THE PEOPLE WHO KNOW US BEST – OUR CLIENTS.
Testimonials
“ Strand Hanson’s Africa knowledge and high-level contacts have assisted Savannah Petroleum’s progress towards it’s strategic goals.”
Andrew KnottChief Executive Officer, Savannah Petroleum
“ Strand Hanson advised us on a challenging IPO in 2013 and has been a loyal and highly valued adviser to Lekoil ever since, offering pragmatic solutions to issues that we have encountered and demonstrating a comprehensive understanding of our operating environment.”
Lekan AkinyanniChief Executive Officer, Lekoil Limited
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“ Strand Hanson’s experience of antagonistic takeover situations meant they were ideally placed to augment our existing advisory team during a regulatory and politically complex Offer Period, adding significantly to our capability through their extensive senior level experience and expertise.”
Jeremy BradeIndependent non-executive director, FIH plc
“ Strand Hanson’s understanding of the challenges facing our business and sector, knowledge of the bidder landscape and detailed proficiency with the Takeover Code, were critical elements in achieving a successful sale of the company to Betsson AB.”
Bjarke LarsenChief Executive Officer, NetPlay TV plc
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Contact usSTRAND HANSON OFFICES
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VICTORIA HOSPITALH
Wittebourne
Plumstead
Constantia Main Rd
T
T
2nd FloorMadison Place, Alphen Office Park,Constantia Main Road, Constantia, Cape Town, 7806South Africa
T: +27 87 828 0408
E: mail@strandhanson.co.ukwww.strandhanson.co.uk
Strand Hanson LimitedSouth Africa
MARBLE ARCH
BONDSTREET
GREEN PARK
Oxford Street
Brook Street
Brook Street
New Bond Street
Grosvenor
Square
Berkeley
Square
Berkeley Street
Grosvenor Street
Mount Row
Mount Street
Duke Street
Davies Street
Park Lane
Edgware Road
Park Street
Park Lane
26 Mount RowMayfairLondonW1K 3SQ
T: +44 (0) 20 7409 3494
E: mail@strandhanson.co.ukwww.strandhanson.co.uk
Strand Hanson LimitedUnited Kingdom
www.strandhanson.co.uk 23
1st Floor One Airport Square Accra Ghana
E: mail@strandhanson.co.ukwww.strandhanson.co.uk
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