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Osborne Clarke advises Cenkos Securities on successful £9.50m AIM market secondary fundraise for Arena


Written on 26 March 2020

International legal practice Osborne Clarke has advised Cenkos Securities plc, in its capacity as nominated adviser and broker, on a secondary fundraise, by way of a placing with institutional investors and a separate subscription by a corporate investor, for Arena Events Group plc.

Arena is a provider of temporary physical structures, seating, ice rinks, furniture and interiors for major sporting, outdoor and leisure events, providing a managed solution from concept and design through to the construction and integration of the final structure and interior.

The Osborne Clarke team that advised on the transaction was led by Partner Jonathan King, who was assisted by Associate Stuart Miller.

Osborne Clarke’s Corporate team is considered a go-to practice for many companies, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.