Slaughter and May is advising Regus plc on its proposed introduction of a new holding company
Slaughter and May is advising Regus plc (“Regus”) on its proposed scheme of arrangement to introduce a new holding company, incorporated in Jersey and with its head office in Switzerland, to the Regus group (the "Scheme"). The new holding company will be named IWG Plc, will have its primary listing on the main market of the London Stock Exchange and, upon listing, is expected to be included in the FTSE 250.
Under the Scheme, each Regus shareholder will receive shares in IWG on a one for one basis. The Scheme is subject to approval by Regus shareholders, as well as sanction by the Royal Court of Jersey, and is expected to become effective on 19 December 2016.
Slaughter and May worked as an integrated team with Mourant Ozannes (Jersey), Bär & Karrer (Switzerland) and MNKS (Luxembourg).