Mayer Brown advises Oxford Catalysts Group PLC on £30.6m share issue
11 January 2013
London - Leading global law firm Mayer Brown has advised AIM listed Oxford Catalysts Group PLC, the modular Gas-to-Liquids technology innovator, on the Placing of new Ordinary Shares to institutional and other investors to raise £30.6m.
Oxford Catalysts, which designs and develops technology for the smaller scale production of clean synthetic fuels from conventional fossil fuels and renewable sources such as bio waste, intends to use the net proceeds of the Placing to drive the commercial roll out of their green technology.
Rob Hamill, partner in the Corporate group at Mayer Brown, said: "This fundraising shows that there is strong investor support for the company's technology in commercial projects."
The Mayer Brown team was led by Corporate partner Rob Hamill with senior associate Beccy Bothamley and associate Katharine Muldown.
Mayer Brown previously advised Oxford Catalysts on the conditional placing of shares to raise £21m in 2011 and in their acquisition of Ohio-based Velocys, Inc, the leading designer and developer of microchannel process technology for the production of synthetic fuels and commodity chemicals, in 2008.