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Travers Smith advises Numis on £46.5m placing for Learning Technologies Group plc

Monday, 27 February 2017
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Travers Smith LLP has acted for Numis Securities in its capacity as bookrunner, nominated adviser and broker on the £46.5m placing of new ordinary shares issued by LTG.

The proceeds of the placing are to be used to part fund the £53.6m takeover offer by LTG for NetDimensions (Holdings) Limited announced on 3 February 2017.

The acquisition is conditional on, inter alia, the passing of shareholder resolutions at a general meeting of LTG and the takeover offer becoming unconditional.

Corporate partner Richard Spedding led the Travers Smith team, assisted by corporate associate James Addison.


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