Global law firm Norton Rose Fulbright has advised Investec Bank plc in its role as nominated adviser, sole bookrunner and broker in connection with the placing and the admission to AIM of the entire ordinary share capital of Midwich Group plc.
Midwich Group plc is a specialist audio visual and document solutions distributor to the trade market with operations in the UK and Ireland, France, Germany and Australasia.
The Placing is expected to raise approximately £75.2 million of gross proceeds, of which approximately £26 million is for the benefit of the company and approximately £49.2 million is for the benefit of selling shareholders. The market capitalisation of the company at the placing price at admission is expected to be approximately £165.3 million. The shares are expected to start trading on AIM on May 6, 2016.
The Norton Rose Fulbright team was led by corporate partner Fiona Millington with assistance from corporate associates Samantha Hurrell, Kiran Radhakrishnan and Hannah Stiven.
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