Law firm DWF trades up after historic listing

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By Aidan Gregory
11 Mar 2019

DWF has become the first UK law firm to list on the main market London Stock Exchange, after the company priced its £95m IPO at 122p a share on Monday.

Jefferies and Stifel were global co-ordinators on the IPO, which consisted of 61.5m new shares and 16.6m existing shares sold by DWF’s partners and its discretionary trusts.

At the final offer price, DWF has achieved a valuation of £366m and a freefloat of 26%.

“There are ...

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