Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
Leading global law firm Herbert Smith Freehills Kramer is advising longstanding UK-listed client WH Smith Plc (WH Smith), a leading global travel retailer with over 1,200 stores worldwide, on its £100 million capital raise.
United Kingdom
Leading global law firm Herbert Smith Freehills Kramer is
advising longstanding UK-listed client WH Smith Plc (WH Smith), a
leading global travel retailer with over 1,200 stores worldwide, on
its £100 million capital raise.
WH Smith's capital raise, including through a placing of up
to approximately 26 million new ordinary shares in the company,
represents approximately 20% of the company's existing share
capital.
The Herbert Smith Freehills Kramer team was led by partners
Robert Moore, Sarah Ries-Coward, Tom O'Neill and of counsel
Thomas Vaughan. The wider team included senior associate Megan
Gray, senior solicitor Colm Wolinski, associates Adriel Amoh and
Samuel Au, and trainee Alexis Sudrajat. The Herbert Smith Freehills
Kramer team worked alongside WH Smith's general counsel Ian
Houghton. A&O Shearman are advising the banks.
Partner Robert Moore commented: "We are proud to be
advising WH Smith Plc on this capital raise, further building on
our longstanding relationship with the company. This deal reflects
the breadth of our support for UK-listed companies and our deep
capital markets capabilities."
Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
