Cash placing meaning

At Southwark Crown Court, the SFO intends to tell a judge that the US$7.7m taken from a former Petrobras executive is tied to the vast corruption affair that swept through Brazil. Mario Ildeu de Miranda, the ex-oil and gas executive, maintains the funds in his accounts derive from lawful earnings after he left Petrobras in 2003, when he set up as an oil and gas adviser. This matter marks the first appeal by the subject of an SFO account forfeiture order, placing the agency’s civil recovery toolkit under scrutiny. According to Nick Barnard, a partner at Corker Binning LLP, the SFO brings fewer cases of this sort because its caseload often features major probes centred on corporates, yet situations like this demonstrate a readiness to use these powers when appropriate. In recent years, the SFO has been successful in reclaiming criminal proceeds. The agency has obtained its first unexplained wealth order against the former wife of a convicted solicitor, and has chased illicit gains (including donations to schools)...

One of Engie’s biggest deals in recent times, the transaction elevates the UK to a priority growth arena and underpins Engie’s pivot towards assets delivering reliable, steady cash flows over time. UK Power Networks, held by Hong Kong’s CK Group and affiliates, runs three licensed distribution networks across London, the South East and the East of England, supplying electricity to 8.5m customers and moving roughly 71 terawatt-hours each year, Engie noted in an announcement. According to Engie, the deal is a move to rebalance its infrastructure portfolio towards regulated electricity networks, while deepening its presence in one of group’s priority countries...

STOP PRESS : Significant reforms to the UK prospectus regime came into force on 19 January 2026. The latest framework governing public offers of securities and admissions to trading in the UK is primarily contained in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs), alongside the FCA sourcebook, The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). Both the UK Prospectus Regulation and the FCA Prospectus Regulation Rules have been revoked. These changes aim to streamline capital raising and materially cut the instances when a company must publish an FCA-approved prospectus for a subsequent share issue. For comprehensive details of the changes see Practice Note: UK prospectus regime reform. This Practice Note reflects the regime in force prior to 19 January 2026...

STOP PRESS : Significant reforms to the UK prospectus regime came into effect on 19 January 2026. The fresh rules that govern public offers of securities and admissions to trading in the UK are primarily contained in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs), and in the FCA sourcebook, The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). The UK Prospectus Regulation and the FCA Prospectus Regulation Rules are revoked. The changes aim to streamline capital raising and markedly cut the instances when a company must publish an FCA-approved prospectus for a further share issue. For full details of the changes, see Practice Note: UK prospectus regime reform. This Practice Note reflects the regime in place before 19 January 2026. It considers the principal issues that arise when an existing listed or AIM UK company plans to conduct a secondary offer, such as a placing, rights issue or open offer, to raise additional capital. What is a secondary offer? ...

This Practice Note reviews 2023 trends for IPOs and secondary offerings on the London Stock Exchange’s Main Market and on AIM across the year comprehensively. For deeper analysis and further perspective on UK ECM developments from our external contributors, consult our Market Standards ECM Trend Report 2023. IPO figures exclude introductions and moves between markets, except where noted otherwise generally. Market capitalisation is derived from the closing price on the admission date and calculated as quoted by London Stock Exchange plc on admission. Issuers listing GDRs are excluded entirely from the market capitalisation figures. Our review of secondary offerings covers deals raising £10m or above where the primary element of the fundraising is a placing, open offer or rights issue, and omits transactions by closed ended investment companies. IPOs IPO activity in London, broadly mirroring most global markets, stayed muted as difficult economic and geopolitical backdrops continued to hinder fundraising. Twenty-three IPOs completed in total on the London Stock Exchange, down 49% from the 45 IPOs in 2022...