UK: Mayer Brown Rowe & Maw Advises Vantis Plc on Aim Floatation
Last Updated: 10 May 2002

Mayer, Brown, Rowe & Maw’s London office advised Vantis plc on its intention to float on the Alternative Investment Market of the London Stock Exchange, with dealings commencing on May 1, 2002. Vantis is a professional business services company which will be created by the combination, at Admission, of the non-audit activities of four established accountancy practices: the MBS Group, Morton Thornton, the Walkers Group and the Bradney Group.

Vantis is raising up to £3,285,000 before expenses through a placing of up to 3,650,000 Placing Shares at 90p per share, to fund part of the consideration for the acquisition of the accountancy practices and to provide working capital and funds for the development of the Group’s business. The market capitalization of Vantis on Admission at the Issue Price is £26.5 million.

Charles Stanley & Company Limited are appointed as nominated adviser and broker to the issue.

The Mayer, Brown, Rowe & Maw team in London was led by Stephen Bottomley, with assistance from Michelle Corneby, Laurie-Lynn Pursall and James Trentham. Acting for Charles Stanley was Watson, Farley & Williams.

For further information, please contact:

Stephen Bottomley, Partner, Mayer, Brown, Rowe & Maw 020 7782 8673

Michelle Corneby, Assistant, Mayer, Brown, Rowe & Maw 020 7782 8976

Angela Woodruff, PR Manager, Mayer, Brown, Rowe & Maw 020 7782 8804

About Mayer, Brown, Rowe & Maw

  • Mayer, Brown, Rowe & Maw is the 10th largest law firm in the world with 13 offices worldwide, including representations in the world's major financial centres; London, Paris, Frankfurt and New York.
  • Our London office consists of 91 partners, over 300 lawyers and a total staff of almost 600. With our network of international offices and over 1300 lawyers worldwide, we can advise on a wide range of complex corporate transactions. For further details please visit our website at www.mayerbrownrowe.com

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