May 29 2007
Trowers & Hamlins acts on Roxi Petroleum plc £64 million AIM IPO
City law firm Trowers & Hamlins acted for WH Ireland (WHI), the nominated adviser and broker to Roxi Petroleum plc, in connection with its successful admission to trading on AIM and £39 million fundraising. The market capitalisation of the company at admission at the placing price was £64 million.
Roxi Petroleum was formed last year to acquire controlling interest in and develop oil and gas assets in Central Asia, initially in Kazakhstan.