DWF announces details of anticipated IPO
DWF has announced further details about the firm's planned IPO, which is expected to take place in March.
The firm expects to raise approximately £75m, with a free float of at least 25% of the firm's issued share capital. The final price has not yet been determined for the firm's listing on the London Stock Exchange.
According to chief executive Andrew Leaitherland, equity partners can expect to receive similar compensation to current levels, although the equity reduction for such partners would be reduced by 60%.