Wayne Penning

Wayne Penning

Managing Principal

+61 (0) 423 228 116

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Wayne is the firm’s Managing Principal. He has worked for leading international law firms in Sydney, Brisbane and Hong Kong.
He has been independently recognised as a ‘leading lawyer’ and recommended lawyer by the Australasian Legal Business review panel – Mergers & Acquisitions Guide.
Wayne advises listed public companies, private companies, corporate advisory firms, private equity groups, consortiums, start-ups and NFPs on equity and debt capital markets, initial public offerings, takeovers, private equity, joint ventures, mergers and acquisitions, company restructures, leveraged and management buy-outs, corporate finance, intellectual property and general commercial matters. He is a Founding Member and Director of the Liz Ellis Foundation. He is a former Non-Executive Director of ASX listed company MRV and the former Deputy Chairman of Bravehearts.

Recent Work

Some key transactions Wayne has led, include:

  • Suncoast Asphalt – advised on the sale of contracting and manufacturing plant businesses to Hanson Group
  • Leigh Creek Copper mine – advised on the acquisition for Strategic Minerals PLC
  • RV Parks – acquisition of RV Parks Resort by Gateway (ASX:GTY) under a Scheme of Arrangement
  • Fertoz Ltd (ASX:FTZ) – IPO and listing of Fertoz (an agricultural phosphate company)
  • QGold – on market takeover bid for Strategic Minerals Corporation NL (ASX:SMC)
  • HMA Group – share sale of group to GHD
  • Hospitality Institute of Australasia – acquisition of various RTOs
  • Tlou Energy Ltd (ASX:TOU) – listing on AIM. Placement to institutional investors and a non-renounceable accelerated rights issue
  • DMS – merger with Mastermyne Group Ltd (ASX:MYE) under a Scheme of Arrangement
  • Platinum Partners – issue of convertible notes by Alcyone Resources Ltd (ASX:AYN)
  • Comet Ridge (ASX:COI) – capital raising matters including private placement and accelerated non-renounceable rights issue
  • SponsoredLinx – advised on various Technology Contracts, third party agreements and restructuring matters
  • Haystack – advising on Shareholders Agreement issues and Subscription Agreement
  • Lifestylepanel – advised on acquisition and capital raising matters
  • Ord Minnett, Morgans, Wilson HTM and Integra Advisory – advised on various capital markets, secondary raising, IPO and placement matters
  • Taronga Ltd – acted on the takeover of AusNiCo Limited (ASX:ANW)
  • Caledon – advised on major procurement, supply, manufacture, design, supply, construct and install agreements
  • Newcastle Agri-Terminal Group – capital raising, consortium/shareholder agreement, management agreements and Newcastle Ports Corporation long term lease agreements
  • Mine Rail & Ports Group – various commercial agreements including shareholder agreement, consultancy and joint venture agreements
  • Beovista/ECR Tech – various intellectual property and commercialisation agreements
  • Q-Scan Radiology Group – buy-in of certain partners
  • Payment Network International – cross border IP licensing and Digital Payment, Merchant & Referrer Agreements and commercialisation