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Ogier advises online fashion brand online in AIM listing

Ogier advises online fashion brand online in AIM listing

Thursday 20 March 2014

Ogier advises online fashion brand online in AIM listing

Thursday 20 March 2014

Offshore law firm Ogier was involved in the recent successful bid for AIM listing by plc.

Boohoo raised £300 million through its initial public offering and had a market capitalisation of £560 million at the placing price. The funds raised will help the company implement its growth strategy into existing and new territories including the USA, central Europe and Scandinavia.

The Ogier team was led by partner Advocate Raulin Amy and managing associate Sara Johns and included Jane Wycherley, Katherine Neal, Chula O'Donoghue and Bruce Sinclair. They worked alongside lead counsel global law firm DLA Piper. Ogier also advised plc on the corporate reorganisation of the online fashion retailer.

Advocate Amy said: "Boohoo's AIM listing has been a tremendous success and we are delighted to have been able to provide support to them at such an important time.  This listing and the value achieved is a ringing endorsement of Boohoo itself and is also another example of the significant increase in capital markets activity that is coming to Jersey.  We look forward to seeing Boohoo continue to go from strength to strength."

Boohoo is one of the UK's largest pure-play online own brand fashion retailers which provides high quality, fast fashion to customers in over 100 countries worldwide. 

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