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IN BRIEF: DWF partners, employees intend to sell shares via placing

Tue, 03rd Aug 2021 17:35

DWF Group PLC - Manchester, England-based legal business - Certain partners and employees of DWF have engaged Equiniti Financial Services Ltd to sell up to 13.4 million shares through a placing to eligible institutional investors.

Jefferies International Ltd, Stifel Nicolaus Europe Ltd and Zeus Capital Ltd will act as joint global coordinators and bookrunners.

The issue price and final number of shares will be agreed by the bookrunner and the selling shareholder once the bookbuilding process is closed.

Current stock price: 102.50 pence

Year-to-date change: up 26%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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