Slaughter and May advised Workspace Group PLC in connection with the placing of approximately 9.96% of its existing issued ordinary share capital, which raised gross proceeds of approximately £179.5 million.
The Placing, which was announced on 6 June 2018, was conducted by way of an accelerated bookbuilding process. Merrill Lynch International and Liberum Capital Limited acted as joint bookrunners and joint sponsors in respect of the Placing.
Slaughter and May worked as a team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, who advised Workspace on the US law aspects of the Placing.