Johnson Winter & Slattery has acted as Australian legal counsel to Laybuy Group Holdings Limited on its initial public offering of shares and listing on the Australian Securities Exchange.
The IPO raised gross proceeds of A$80 million, comprising A$40 million raised through the issue of new shares and a A$40 million sell down by existing shareholders.
The offer was available to Australian and New Zealand institutional, retail and sophisticated investors, as well as institutional investors in certain overseas jurisdictions. An offer was also extended to a chairman’s list and eligible employees were able to apply for a gift offer.
The JWS team was led by Partners Clare Brown (Picture), Marko Komadina and James Rozsa; with Scott Cummins and Melanie Hemers (Senior Associates) and Jemma Potezny (Associate) rounding out the core deal team. They were supported by Finance Senior Associate David Li, and Partner Ravi de Fonseka advised on the IP and IT aspects of the deal.
The firm also advised Laybuy on two pre-IPO rounds of financing, the Australian aspects of two new debt facilities and a corporate restructure which took effect prior to completion of the IPO.
The Taylor Wessing’s team was led by partners Charles Lloyd and Philip Shepherd, with support from: Charlotte Hill (partner), Anna Humphrey (partner), Lerika Joubert (partner), Gareth Lawson (partner), Sian Skelton (partner), Liz Wilson (partner), Fiona Coady (senior counsel), Vikki Wiberg (senior counsel), Katie Espigares (senior associate), Katie Fellows (senior associate), Katie Lewis (senior associate), Xuyang Zhu (senior associate), Kate Bowden (associate), Joe Cooper (associate), Gabriel Goh (associate), Katie Horbury (associate), Matthew Ives (associate), Madison Lawler (associate), Tamara Mackay-Temesy (associate), Nadine Simpson-Ataha (associate), Julia Steinhardt (associate), Phil Cerny (trainee solicitor), and Alexander Tocili (trainee solicitor).
Involved fees earner: Clare Brown – Johnson Winter & Slattery; Scott Cummins – Johnson Winter & Slattery; Ravi de Fonseka – Johnson Winter & Slattery; Melanie Hemers – Johnson Winter & Slattery; Marko Komadina – Johnson Winter & Slattery; David Li – Johnson Winter & Slattery; James Rozsa – Johnson Winter & Slattery; Kate Bowden – Taylor Wessing; Fiona Coady – Taylor Wessing; Joe Cooper – Taylor Wessing; Katie Espigares – Taylor Wessing; Katie Fellows – Taylor Wessing; Gabriel Goh – Taylor Wessing; Charlotte Hill – Taylor Wessing; Katie Horbury – Taylor Wessing; Anna Humphrey – Taylor Wessing; Matthew Ives – Taylor Wessing; Lerika Joubert – Taylor Wessing; Madison Lawler – Taylor Wessing; Gareth Lawson – Taylor Wessing; Katie Lewis – Taylor Wessing; Charles Lloyd – Taylor Wessing; Tamara Mackay-Temesy – Taylor Wessing; Philip Shepherd – Taylor Wessing; Nadine Simpson-Ataha – Taylor Wessing; Sian Skelton – Taylor Wessing; Julia Steinhardt – Taylor Wessing; Vikki Wiberg – Taylor Wessing; Liz Wilson – Taylor Wessing; XuYang Zhu – Taylor Wessing;
Clients: Laybuy Group Holdings Limited;