Michelmores advises on reverse takeover by standard listed Levrett plc of Nuformix

Michelmores advises on reverse takeover by standard listed Levrett plc of Nuformix

Michelmores has advised Whitman Howard Limited as financial adviser and broker to Levrett plc, in relation to its £12m acquisition of UK pharmaceutical development company Nuformix and associated £2.3m placing.

The enlarged group (to be renamed Nuformix plc) is to re-list on the standard segment of the Official List and to trading on the LSE Main Market.

London partner Ian Binnie, who heads the Firm’s fast growing capital markets practice, led the Michelmores team. Ian Binnie is ranked in Chambers 2017 as a noted practitioner for capital markets.