formerly Goltsblat BLP
in Russia
Stay in touch on:

Bryan Cave Leighton Paisner (Russia) LLP — Russian Practice of Bryan Cave Leighton Paisner LLP, international law firm.
The world is more connected, and now so are we. Learn More

News & Press

23 April 2019 Bryan Cave Leighton Paisner Russia advises HMS Group on restructuring

Bryan Cave Leighton Paisner Russia (formerly Goltsblat BLP in Russia) has successfully advised H.M.S. Technologies Limited (HMST), the major shareholder in HMS Group, on restructuring its 71.51% shareholding in HMS Hydraulic Machines & Systems Group Plc (LSE: HMSG) (HMS Group Plc), the Cyprus-based parent of HMS Group.

The restructuring saw the Cypriot holding company HMST transfer its entire stock of shares and GDRs of HMS Group Plc to JSC HMS Holding, registered in Russia.

This was a unique restructuring project as the Cypriot HMST swapped LSE-listed GDRs of HMS Group Plc for privately issued additional shares in the Russian HMS Holding. Duly cleared by UK and Cypriot regulators and the Bank of Russia, the transaction is truly unparalleled on the Russian market. 

The dedicated Bryan Cave Leighton Paisner team was led by Partner Matvey Kaploukhiy and Counsel Yury Babichev and included Associates Mikhail Filatov, Elena Shelomenzeva, Tuyana Molokhoeva, Mikhail Erokhin, Kseniya Shevchenko and Counsel Igor Zhivotov, as well as BCLP’s London-based Partner Benjamin Lee, Counsel Brian Mulkerrins, Associate Tom Bacon and Trainee Solicitor Ida Nizankowska-Polus. BCLP advised the client on Russian, English and EU law.

A Harneys team featuring Partner Nancy Erotocritou and Associates Sonia Hamshaw and Elina Mantrali advised on Cyprus law aspects of the restructuring.

EY provided tax advice for the restructuring and Renaissance Capital acted as a broker for the GDR transaction.

For more detail about the restructuring, please visit HMS Group’s website at http://grouphms.com/press_center/detail.php?ID=8385



print email
Share:
back to list >
Send mail
Ksenia Soboleva
Head of PR and Communications
+7 (495) 287-4444
Find events
Type choose
Areas of law choose
Industry choose
Lawyer choose
Time period
© 2009-2019 Bryan Cave Leighton Paisner (Russia) LLP is a limited liability partnership registered in England and Wales (registered number OC340589). Registered office: Adelaide House, London Bridge, London EC4R 9HA, United Kingdom. Winner - International Law Firm of the Year legal500 top ranked
This site uses cookies to help us make it more useful for visitors. Our privacy policy explains what they are and how we use them. Please can we have your consent to use then? Yes No

CAPTCHA

All fields are required

CAPTCHA