Flotation

CMS Cameron McKenna acted for West LB Panmure and Marshal Securities, joint sponsors and financial advisers to Wilmington Group, on its placing of 7.3 million new ordinary shares subject to the right of shareholders to apply for the Wilmington shares under an open offer. The shares were placed at £4 per share, raising gross proceeds of over £29m. John Burton, corporate partner at Camerons led the team acting on the deal. Sunil Kakkad, corporate partner at Hill Taylor Dickinson, advised Wilmington.