Stephenson Harwood advises on easyHotel’s IPO and admission to trading on AIM

Stephenson Harwood has advised easyHotel on its upcoming placing and admission to trading on the AIM market of the London Stock Exchange. Market capitalisation on admission will be £50m.

The easyHotel group was founded by Sir Stelios Haji-Ioannou in 2004. It is the international owner, developer, operator and franchisor of 1,600 rooms in 19 ‘super-budget’ branded hotels, spread from Edinburgh to Johannesburg and Dubai, including seven hotels in London.

Stephenson Harwood provided legal advice to easyHotel including advising on the placing, loan capitalisation, licencing and incentive arrangements and all aspects of the initial public offering (IPO), with 37,500,500 new shares being issued by easyHotel at 80.0p per share. Investec Bank acted as sole bookrunner, broker and NOMAD to the issue.

The Stephenson Harwood team was led by corporate finance partner Tom Nicholls. He was assisted by corporate associates Jen Tyson and Judith Elgood and trainee Will Carter together with intellectual property partner Alexandra Pygall and associate Simon Bollans and incentives partner Barbara Allen and associate Anika Chandra. Travers Smith advised Investec Bank.

  • Print

Briefings from Stephenson Harwood

  • Private patient units

    It is widely expected that the trend of NHS hospitals seeking to establish or expand their private patient units offerings will continue.

  • Insurance Block Exemption — under review

    The European Commission has launched a consultation on the functioning and future of the Insurance Block Exemption Regulation (IBER).

View more briefings from Stephenson Harwood

Analysis from The Lawyer

Browse This Firm’s


1 Finsbury Circus

Turnover (£m): 112.30
No. of lawyers: 324
Jurisdiction: UK
No. of offices: 5
No. of qualified lawyers: 73