london stock exchange welcomes dwf group plc to the main market
London Stock Exchange Group (LSEG) today welcomes DWF, a global legal business, to the Premium Segment of the Main Market, trading under the ticker symbol "DWF". With a valuation of £366 million, DWF’s successful listing highlights strong investor support and reflects the strength of the business and its future potential.
DWF is a global legal business with 27 offices in 14 jurisdictions, supplying complex legal, managed and connected services to its clients in the growing international legal market, with a focus on three global sectors: insurance, financial services and real estate. DWF’s purpose is to transform legal services through its people for its clients using its three principal strategic objectives: understanding its clients, engaging its people and doing things differently. The business aims to deliver its strategy by building long-term relationships with its clients, recruiting talented individuals to maintain a high service level culture and continually innovating to address client needs and increase its market share.
Andrew Leaitherland, CEO of DWF:
“Today’s listing is a historic milestone for DWF and I am extremely proud of what we have achieved to become the largest listed legal business globally, and the first to trade on the Premium Segment of the London Stock Exchange’s Main Market. I would like to welcome our new investors, who have supported us through the process, and listing is testament to their belief in the strength of our business. Doing things differently has always been a central part of our operating model, and our decision to list is evidence of our dynamic and innovative approach.
The IPO is only the start of our journey and I am extremely excited about the next phase for DWF. The listing provides us with a well-capitalised business and an excellent platform for organic and inorganic growth opportunities across complex, managed and connected services globally. This is a long-term investment proposition that we are confident will create shareholder value, and today’s admission positions us well to take advantage of the growing global legal services market.”