James Inness

James Inness is a corporate partner and member of the Capital Markets Practice in the London office of Latham & Watkins. He has approximately 20 years’ experience representing issuers, underwriters, and major shareholders on primary and secondary equity capital markets transactions. Mr. Inness is a leading adviser to a wide range of clients listed on the London Stock Exchange in relation to securities offerings, major transactions, and corporate governance. Mr Inness also has extensive experience advising on securities offerings on other Western European markets, as well as exchanges in Eastern Europe and the CIS.

 

Mr. Inness' experience includes advising:

• Morgan Stanley, Goldman Sachs, and others in connection with the direct listing of Wise, Europe’s first direct listing by a technology company
• Darktrace in its £1.7 billion IPO on the Main Market of the London Stock Exchange
• Morgan Stanley and other banks in connection with the £351 million open offer by Mitchells & Butlers
• Morgan Stanley and Danske Bank on the DKK37 billion rights issue by Tryg A/S, the largest ever equity raise by a Scandinavian listed company
• The underwriters on the US$6.5 billion dual listed initial public offering on the London Stock Exchange and Astana International Exchange by Kaspi.kz, one of the largest payment and fintech companies in Kazakhstan
• The joint bookrunners, Citigroup Global Markets Limited and Credit Suisse Securities (Europe) Limited, on the £522 million capital raising by Taylor Wimpey plc, one of the UK’s largest residential property developers 
• Diversified Gas & Oil on its London Stock Exchange Premium Listing

• Helios Investment Partners and TA Associates in connection with the sale of a minority stake in Interswitch, a Nigeria-based digital payments providers, to Visa
• The underwriters in connection with Synthomer plc’s £204 million rights issue on the London Stock Exchange in connection with its £654 million acquisition in Omnova Solutions Inc
• The underwriters in connection with the £130 million equity issue by Entertainment One
• Domestic & General on its proposed IPO on the London Stock Exchange
• A potential bidder and cornerstone investor in connection with the IPO of Network International
• DNEG, the international visual effects company, in connection with its proposed IPO on the London Stock Exchange
• ECI Telecom on its proposed IPO on the London Stock Exchange
• The underwriters in connection with the £2.4 billion initial public offering (IPO) of Avast, the world’s largest consumer antivirus software supplier, listed on the London Stock Exchange
• TI Fluid Systems plc on its £1.3 billion IPO on the London Stock Exchange
• The founders of Dubizzle on the sale of their shareholdings in Dubizzle, the largest online classifieds platform in the Middle East 
• FMC Technologies Inc., the subsea oil services group, on its merger with Technip SA and listing on the NYSE and Euronext Paris
• The underwriters on the proposed dual-track IPO of Brakes Group
• The underwriters UBS and J.P. Morgan on the £300 million IPO and listing on the London Stock Exchange of Ibstock plc
• RS Platou in connection with its £281 million acquisition by Clarkson Plc
• The underwriters in connection with the proposed IPO of RAC plc
• Morgan Stanley, UBS, Nomura, and Investec as underwriters on the £300 million IPO and listing on the London Stock Exchange of Card Factory plc
• Applus Services SA and The Carlyle Group on the €1.2 billion IPO of Applus and its admission to the Spanish Stock Exchanges
• Goldman Sachs, Morgan Stanley, Sberbank CIB, J.P. Morgan, and Renaissance Capital on the US$1.1 billion IPO and listing of GDRs on the London Stock Exchange of Tinkoff Credit Systems
• Thomas Cook Group plc on its £1.6 billion refinancing including a £425 million placing and rights issue
• J.P. Morgan Cazenove, Nordea, BofA Merrill Lynch, BNP Paribas, and Danske Bank in connection with the €260 million rights issue by Talvivaara Mining Company Plc, a Finnish mining company listed on the Helsinki and London Stock Exchanges
• A syndicate of investment banks in connection with a rights issue by the Bank of Cyprus to raise up to €400 million together with an exchange offer for convertible enhanced capital securities
• Colfax Corporation in connection with its US$2.0 billion acquisition of Charter International plc
• Vimetco N.V. on the proposed sale of part of its shareholding in Alro S.A., a Romanian aluminium producer, by way of a 144A secondary public offering
• A listed reinsurance company on the cancellation of its listing on the London Stock Exchange and the subsequent purchase by the controlling hedge fund shareholder of the interests of minority hedge fund investors
• OJSC Protek, a Russian pharmaceutical company, on its US$400 million Reg S only IPO and admission to RTS and MICE
• Travelport plc, on its proposed 144A IPO and premium listing on the London Stock Exchange
• Citigroup, Barclays, Lloyds, and RBS, as underwriters, in connection with a £365 million rights issue by William Hill plc
• The Fortress Investment Group, as principal shareholder, on the issue by Mapeley Limited, a property investment and outsourcing company, on its £45 million issue of 20% convertible bonds

• FCA Proposes Enhanced Disclosures on Diversity and Inclusion for Listed Companies -  August 23, 2021
• UK to Adopt a New SPAC Listing Regime From 10 August 2021 -  July 29, 2021
• ESMA Publishes Guidance on SPACs -  July 16, 2021
• FCA Seeks to Extend Climate-Related Disclosures for Listed Companies -  June 28, 2021
• FCA Consults on Rule Changes to Accommodate SPACs -  May 05, 2021
• Independent Review Provides Recommendations for Improving UK Listing Regime -  March 03, 2021
• FCA Issues a Public Censure to Redcentric PLC for Committing Market Abuse -  June 30, 2020
• Staying Inside — FCA’s New Guidance on Market Conduct During COVID-19 -  May 29, 2020
• Annual General Meetings: We’ll Meet Again, Don’t Know Where, Don’t Know When  -  May 20, 2020
• FCA Announces Additional Primary Market Measures to Support Listed Companies -  April 09, 2020
• Changes to Reporting Requirements for Issuers in Light of COVID-19 -  March 27, 2020
• Preliminary Financial Accounts — the FCA’s Moratorium “Request” -  March 25, 2020
• FCA Proposes New Rules on Climate-Related Disclosures by Listed Issuers -  March 12, 2020
• FCA Consultation Anticipates Enhanced Climate-Related Disclosures for Premium Listed Commercial Companies -  March 11, 2020
• UK Listed Companies: Key Legal Developments in 2020 -  January 23, 2020
• Prospectus Regulation: How to Navigate the New Rules on the Summary Section -  July 16, 2019
• Cornerstone Investments: A Foundation for Private Equity-Sponsored IPO Exits  -  June 27, 2019
• Key Industry Lessons From the FCA's First Competition Law Case -  May 24, 2019
• EU Prospectus Regulation: New Format and Content Requirements  -  May 21, 2019
• FRC Releases Revised UK Corporate Governance Code -  July 25, 2018
• FCA Rolls Out the Red Carpet for Sovereign Controlled Companies -  June 11, 2018
• New Listing Rules for Sovereign Controlled Companies … In 30 Seconds  -  June 11, 2018
• Could Spotify’s Direct Listing Process Be Used In Europe?  -  May 10, 2018
• Companies Must Carefully Consider ESG Disclosures Under UK Non-Financial Reporting Directive  -  March 13, 2018
• The Recent Resurgence of Special Purpose Acquisition Companies  -  February 01, 2018
• ESMA Provides Further Clarity on Initial Coin Offerings in Europe  -  November 22, 2017
• FCA Confirms Reform to the UK IPO Process -  November 21, 2017
• Europe as a Hub for Initial Coin Offerings?  -  November 07, 2017
• Proposed FCA Rules Extend Warmer Welcome to Sovereign-Controlled Companies -  July 25, 2017
• What Will the New EU Prospectus Regulation Mean for Issuers?  -  July 13, 2017
• Proposals to Shake Up the UK IPO Timetable -  March 30, 2017
• London Blog: Increasing Access to Equity Financing for Emerging Companies -  May 26, 2016
• Capital Markets Union – Hit or Miss? -  April 02, 2015
• Restructurings and Distressed Investing — Planning the Perfect Exit -  March 02, 2015
• The London Stock Exchange’s High Growth Segment — Bringing Silicon Europe to Market? -  February 27, 2013