Simmons & Simmons is advising HSBC Bank plc (“HSBC”) and Numis Securities Limited (“Numis”) as joint bookrunners on a £25.6m placing of shares in Chime Communications PLC (“Chime”), the international communications and sports marketing group, as part of the funding for its proposed £43.7m acquisition of Just Marketing, Inc., a global marketing firm focused on motorsports.

Simmons & Simmons is also advising HSBC in respect of its role as sponsor to Chime on both the placing and the acquisition.

The Simmons & Simmons team comprises Corporate partner Chris Horton and Corporate associate Sarah Clarke, US Securities partner Julian Perlmutter and US Securities associate Tara Waters.