Shakespeare Martineau advises on developer stock exchange listing

Published: 17th January 2021
Area: Corporate & Commercial

Residential developer One Heritage Group PLC has been admitted to the London Stock Exchange, with the support of our Birmingham corporate team.

One Heritage Group established its UK office and operation in Manchester in 2019 and became a public company in December 2020.  It was established by the One Heritage Group based in China and Hong Kong, a financial services and property development group.

The Group undertakes development and re-development of new and existing buildings, as well as facilities management and managing the letting of the properties. It is also well-known for its co-living model.

Looking to attract new investment opportunities, One Heritage group has its sights set on expanding to other regions across the UK that offer attractive growth opportunities, such as the East and West Midlands and Yorkshire.

We worked with then company’s financial adviser and broker; Hybridan LLP. The Group’s value on admission is £3 million, with each ordinary share costing 10 pence, having raised £930,000.

Keith Spedding, partner and business transaction and growth specialist said: “It’s been great to be able to assist One Heritage Group in its listing on the London Stock Exchange.  This opens up exciting opportunities for the Group and they will become a major force in the co-living market, a growing and important area of property development.

“We work with a number of residential development and housing clients – at all stages of their business lifecycle – and it’s always great to know that we’re working with businesses and organisations doing the important job of tackling the shortage of good accommodation across the UK.”

Jason Upton, CEO at One Heritage Group said: “Our listing will provide a strong platform for growth and will enable us to scale the business. In addition, our listing will allow us to attract new investment and opportunities.

“We’ve been highly impressed with the team at Shakespeare Martineau and their ability to work efficiently and effectively, driving the delivery of our listing process.

Contact us

For further information please contact Keith Spedding or another member of the corporate team.

From inspirational SHMA Talks to informative webinars, we also have lots of educational and entertaining content for life and business. Visit SHMA® ON DEMAND.

How can we help?

Our expert lawyers are ready to help you with a wide range of legal services, use the search below or call us on: 0330 024 0333


Listen to our SHMA® ON DEMAND content covering a broad range of topics to help support you and your business.

Data Protection compliance: your Record of Processing Activities (RoPA) is key

5 Jun

Trevor Fenton, Partner
Data Protection compliance: your Record of Processing Activities (RoPA) is key

Securing and managing personal data in your organisation is a major challenge. From robust […]

HR Forum – The risks and pitfalls of unlawful harassment claims

11 Jun

Rhys Wyborn, Partner | Philip Pepper, Partner & Head of Commercial, IP & Employment
HR Forum – The risks and pitfalls of unlawful harassment claims

This virtual roundtable will focus on harassment in the workplace as changes in legislation […]

Stratford Breakfast Club

12 Jun

Andrew Smith, Partner
Stratford Breakfast Club

We will be hosting our next Stratford Breakfast Club on Wednesday 12 June 2024. These […]

Handling Subject Access Requests

25 Jun

Anieka Sheppard, Legal Director | Kate Bartels, Solicitor
Handling Subject Access Requests

We will discuss how to deal effectively with Subject Access Requests (‘SARs’) in school.