Glenveagh Properties PLC’s €213 million placing and open offer


Slaughter and May is advising Glenveagh Properties PLC, an Irish homebuilder listed on Euronext Dublin and the London Stock Exchange, in connection with its firm placing and placing and open offer.

The capital raise will raise gross proceeds of approximately €213 million which will be used by Glenveagh to fund future land acquisitions and the development of new and existing sites.

Slaughter and May is working as an integrated team with A&L Goodbody (advising on Irish law) and Paul, Weiss, Rifkind, Wharton & Garrison LLP (advising on US law).

Slaughter and May is advising Glenveagh Properties on the deal with a Corporate team led by Susannah Macknay (partner, in picture), assisted by Yvonne Lee (senior counsel) and Kate Hogan (associate); on Tax law are acting Gareth Miles (partner) and Rose Swaffield (associate).

Involved fees earner: Susannah Macknay – Slaughter and May; Yvonne Lee – Slaughter and May; Kate Hogan – Slaughter and May; Gareth Miles – Slaughter and May; Rose Swaffield – Slaughter and May;

Law Firms: Slaughter and May;

Clients: Glenveagh Properties PLC;