Expertise

Capital Markets & Securities

With our in-depth knowledge of corporate law and stock exchange regulations and our extensive experience in market operations, we assist companies listed on Euronext, Euronext Growth and Euronext Access on both their recurrent obligations and their one-off transactions.

Our team of specialized lawyers advises issuers and executives daily on all aspects of listing, governance, and executive and employee shareholding schemes.

They also advise on specific transactions, including IPOs, securities issues (public offerings and private placements), mergers and acquisitions (public takeover bids).

The securities law team has recognized experience representing clients in investigations by the Autorité des Marchés Financiers (AMF).

To anticipate legislative and regulatory developments, the team actively participates in the work of market groups (ANSA, Middlenext, SFAF, AMAFI, IFA) and maintains regular relations with the market authorities (AMF, Euronext).

Our services

IPOs, securities issues and listed company M&A

Fidal's lawyers handle all the legal aspects of IPOs and capital increases for listed companies, in coordination with the market authorities and the various parties involved (ISPs, listing sponsors). The securities law team advises issuers and their executives, as well as investors and shareholders, on all types of M&A transactions: takeover bids and exchange offers, public buyout offers with or without a squeeze-out, exemptions from public offerings, block purchases and sales. They can also assist with shareholder relations (shareholder agreements, disputes).

Managing stock exchange requirements

Many Euronext- and Euronext Growth-listed companies call on us to manage their annual and recurring obligations: 

Registration documents, management reports, governance reports, shareholders' resolutions, financial authorizations 

Preparation/conduct of general meetings 

  • Status of executives: appointment, removal, compensation 
  • Governance rules, board and committee evaluations, director training 
  • Executive and employee shareholding (AGA, BSPCE stock options, BSA managers) 
  • Share buyback programs 
  • Threshold crossing disclosures, concerted actions 
  • Prevention of market abuse: disclosures of inside information and delayed disclosures, insider lists, executive stock trading
AMF investigations

Our team represents issuers and their executives in connection with investigations by the Autorité des Marchés Financiers

Fidal has recently developed a free mobile application, "FIDAL Boursier - Enquête AMF", designed to help companies and individuals prepare for a possible AMF investigation and act appropriately in the event of an onsite visit by investigators. 

Available in French and English, the application is compatible with Android and iOS smartphones and can be downloaded free of charge from the stores.

"Our experts in capital markets and securities law"



Ludovic Gloeckler

Ludovic Gloeckler

Partner
Corporate, Mergers & Acquisitions
Capital Markets & Securities

Ludovic Gloeckler

Langue(s) parlé(es) : English

Area of expertise

Corporate, Mergers & Acquisitions Capital Markets & Securities
Alain-François Chéneau

Alain-François Chéneau

Partner Technical Director
Corporate, Mergers & Acquisitions
Finance & Financial Services +1

Alain-François Chéneau

Langue(s) parlé(es) : English

Area of expertise

Corporate, Mergers & Acquisitions Finance & Financial Services Capital Markets & Securities
Paris La Défense
+33 1 46 24 30 30

Isabelle Juliard Feyeux

Partner
Corporate, Mergers & Acquisitions
Capital Markets & Securities

Isabelle Juliard Feyeux

Area of expertise

Corporate, Mergers & Acquisitions Capital Markets & Securities
Paris La Défense
+33 1 46 24 30 30
Thomas Bortoli

Thomas Bortoli

Partner
Corporate, Mergers & Acquisitions
Capital Markets & Securities

Thomas Bortoli

Langue(s) parlé(es) : French, English, Spanish

Area of expertise

Corporate, Mergers & Acquisitions Capital Markets & Securities

Magali Zambenedetti

Partner
Corporate, Mergers & Acquisitions
Capital Markets & Securities

Magali Zambenedetti

Counsel

Langue(s) parlé(es) : French, English

Area of expertise

Corporate, Mergers & Acquisitions Capital Markets & Securities
Paris La Défense
+33 1 46 24 30 30

Meriem Semrani

Partner
Capital Markets & Securities
Corporate, Mergers & Acquisitions

Meriem Semrani

Counsel

Langue(s) parlé(es) : French, English

Area of expertise

Capital Markets & Securities Corporate, Mergers & Acquisitions
Paris La Défense
+33 1 46 24 30 30

Our latest news