Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 14-11-2014 | Practice Area: | Equity Capital Markets |
| Deal Title: | Virgin Money Holdings (UK) plc Initial Public Offering | Industry: | Financial Services |
| Description: |
Slaughter and May advised Virgin Financial Investments Limited as selling shareholder on the initial public offering of Virgin Money Holdings (UK) plc (Virgin Money).
The offer was priced at 283 pence per ordinary share, resulting in a total market capitalisation at the commencement of conditional dealings of approximately GBP1.25 billion. The offer is expected to raise total gross proceeds of approximately GBP312 million (assuming no exercise of the over-allotment option). Virgin Money will receive approximately GBP150 million of gross proceeds from the offer.
Corporate and Commercial: Gavin Brown (partner), Kurt Ma (associate).
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| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Selling Shareholders | Law Firm | Slaughter and May |
| Issuer Jurisdiction- | United Kingdom | Listing Jurisdiction- | United Kingdom |
| Classification: |
Initial Public Offerings LSE: Main Exchange |
Lawyer | Gavin Brown |
