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Mourant Ozannes

Funds: Channel Islands Property Fund


Mourant Ozannes acted as sole Guernsey Counsel to the Channel Islands Property Fund Limited in respect of its recommended cash and share offer for the entire issued share capital of Regency Court Property Limited (and its wholly owned subsidiary, Blueclouds Property Limited) and on its listing of 20,000,000 ordinary shares of no par value on The Channel Islands Stock Exchange). Mourant Ozannes advised on the offer and listing documents specifically providing corporate, regulatory and tax advice in respect of the acquisition of Regency Court Property Limited. The acquisition involved non Guernsey based advisers in the UK and the British Virgin Islands. This transaction was significant as the Channel Islands Property Fund Limited is one of a small number of closed-ended investment schemes which has a focus of actively seeking investment opportunities in the Channel Islands.


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