This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsDWF Group（DWFL）株式概要DWF Group plc provides integrated legal and business services in Europe, the Middle East, Asia, Australia, and North America. 詳細DWFL ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長3/6過去の実績0/6財務の健全性4/6配当金0/6報酬当社が推定した公正価値より36.3%で取引されている 収益は年間47.94%増加すると予測されています リスク分析負債は営業キャッシュフローで十分にカバーされていない 財務結果に影響を与える大きな一時的項目 利益率(2.8%)は昨年より低い(4.9%) 過去3か月間に大規模なインサイダー売却が発生 +2 さらなるリスクすべてのリスクチェックを見るDWFL Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUK£Current PriceUK£1.0071.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-35m514m2016201920222025202620282031Revenue UK£513.5mEarnings UK£14.2mAdvancedSet Fair ValueView all narrativesDWF Group plc 競合他社FintelSymbol: AIM:FNTLMarket cap: UK£181.8mWilmingtonSymbol: LSE:WILMarket cap: UK£238.2mElixirr InternationalSymbol: LSE:ELIXMarket cap: UK£347.6mScience GroupSymbol: AIM:SAGMarket cap: UK£240.1m価格と性能株価の高値、安値、推移の概要DWF Group過去の株価現在の株価UK£1.0052週高値UK£1.0052週安値UK£0.48ベータ0.621ヶ月の変化2.05%3ヶ月変化50.00%1年変化18.01%3年間の変化46.04%5年間の変化n/aIPOからの変化-16.30%最新ニュースお知らせ • Oct 11DWF Group plc Announces Tea Colaianni, Resigns as Non-Executive DirectorDWF Group plc announces that Tea Colaianni, a Non-Executive Director of DWF Group Plc (DWF) has confirmed that, due to the cancellation DWF trading their shares on the main market for listed securities of the London Stock Exchange, with effect from 4 October 2023, she has resigned as a director of DWF.お知らせ • Oct 05+ 1 more updateInflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders.Inflexion Private Equity Partners LLP entered into a Scheme of Arrangement to acquire DWF Group plc (LSE:DWF) from group of shareholders for approximately £340 million on July 21, 2023. As per the terms of the transaction, the offer price per share is £1 which includes cash consideration of £0.97 pence per DWF Share and a special dividend of £0.3 pence per DWF Share. The Acquisition will be funded through a combination of equity investment into Bidco from the Inflexion Funds, and new debt financing to be provided under the Senior Debt Facilities made available to Bidco by ICG funds with ICG Alternative Investment Limited acting as mandated lead arranger. Transaction is subject to DWF shareholders approval, court approval, and regulatory approvals and other conditions. DWF Directors unanimously recommended that DWF Shareholders vote in favor of the Scheme at the Court Meetings and vote in favor at the General Meeting. As of September 12, 2023. the board of DWF is pleased to announce that the Employee Shareholder Court Meeting and the Other Shareholder Court Meeting to consider the Scheme and the General Meeting to consider the Resolution were each held today and all resolutions were approved by the requisite majorities. As of September 26, 2023, all of the conditions to the acquisition relating to anti-trust and regulatory approvals have been satisfied and the transaction remains subject to Court sanctioning the Scheme at the Sanction Hearing. The acquisition is currently expected to become effective around Q4, 2023. As of September 26, 2023, the scheme is expected to become effective on October 3, 2023. As of September 29, 2023, High Court of Justice in England and Wales had sanctioned the Scheme. N.M. Rothschild & Sons Limited acted as a finanical advisor, Travers Smith LLP acted as a legal advisor to Inflexion Private Equity Partners. Stifel Nicolaus Europe Limited, and Fenchurch Advisory Partners LLP provided the fairness opinion and acted as financial advisors, Dorsey & Whitney (Europe) LLP, and George Knighton of Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisors to DWF. Equiniti Limited acted as a registrar to DWF. Inflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders on October 3, 2023.お知らせ • Sep 27DWF Group plc Declares Special Dividend, Payable Expected to Be No Later Than October 17, 2023DWF Group plc announced that the DWF Directors have declared the Special Dividend, settlement of which is conditional upon the Scheme becoming Effective. The other Conditions to the Scheme and the Acquisition are set out in the Scheme Document. DWF Shareholders who are on the register of members of DWF at the Scheme Record Time (expected to be at 6.00 pm. on 2 October 2023) (the "Record Date") will be entitled to the Special Dividend, being 3 pence for each DWF Share held at the Record Date. As the Special Dividend is conditional on the Scheme becoming Effective and shares the same record date as the Scheme Record Date, no ex date will be applied to the Special Dividend. Settlement of the Special Dividend will take place no later than 14 days after the Scheme has become Effective (as further referred to below, currently expected to be no later than 17 October 2023, assuming the Scheme becomes Effective on 3 October 2023). In the event that the Scheme does not become Effective, there will be no Special Dividend.お知らせ • Sep 24DWF Appoints Andrew Symons as Insurance PartnerDWF announced that Andrew Symons has been appointed to the firm's London Global Risks team as an insurance partner. Symons has more than 30 years of experience.お知らせ • Aug 25+ 1 more updateDWF Group plc, Annual General Meeting, Oct 20, 2023DWF Group plc, Annual General Meeting, Oct 20, 2023.お知らせ • Jul 23+ 1 more updateDWF Group to Delist its SharesThe boards of Aquila Bidco Limited (‘Bidco’), a newly incorporated wholly-owned subsidiary of funds advised by Inflexion Private Equity Partners LLP (‘Inflexion’) and DWF Group plc (‘DWF’) announced that they have reached agreement on the terms and conditions of a recommended all cash offer by Bidco for the entire issued and to be issued ordinary share capital of DWF (the ‘Acquisition’). The Acquisition is intended to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Acquisition, which will be subject to the Conditions and further terms set out in the Scheme Document, each DWF Shareholder will be entitled to receive: 100 pence for each DWF Share (the ‘Transaction Value’) valuing the entire issued, and to be issued, ordinary share capital of DWF at approximately £342 million. On the Effective Date, share certificates in respect of DWF Shares will cease to be valid and entitlements to DWF Shares held within the CREST system will be cancelled. DWF Shareholders shall be required to return share certificates to DWF or destroy them following the Effective Date. It is also proposed that, following the Effective Date and after its shares are delisted, DWF will be re-registered as a private limited company under the relevant provisions of the Companies Act.最新情報をもっと見るRecent updatesお知らせ • Oct 11DWF Group plc Announces Tea Colaianni, Resigns as Non-Executive DirectorDWF Group plc announces that Tea Colaianni, a Non-Executive Director of DWF Group Plc (DWF) has confirmed that, due to the cancellation DWF trading their shares on the main market for listed securities of the London Stock Exchange, with effect from 4 October 2023, she has resigned as a director of DWF.お知らせ • Oct 05+ 1 more updateInflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders.Inflexion Private Equity Partners LLP entered into a Scheme of Arrangement to acquire DWF Group plc (LSE:DWF) from group of shareholders for approximately £340 million on July 21, 2023. As per the terms of the transaction, the offer price per share is £1 which includes cash consideration of £0.97 pence per DWF Share and a special dividend of £0.3 pence per DWF Share. The Acquisition will be funded through a combination of equity investment into Bidco from the Inflexion Funds, and new debt financing to be provided under the Senior Debt Facilities made available to Bidco by ICG funds with ICG Alternative Investment Limited acting as mandated lead arranger. Transaction is subject to DWF shareholders approval, court approval, and regulatory approvals and other conditions. DWF Directors unanimously recommended that DWF Shareholders vote in favor of the Scheme at the Court Meetings and vote in favor at the General Meeting. As of September 12, 2023. the board of DWF is pleased to announce that the Employee Shareholder Court Meeting and the Other Shareholder Court Meeting to consider the Scheme and the General Meeting to consider the Resolution were each held today and all resolutions were approved by the requisite majorities. As of September 26, 2023, all of the conditions to the acquisition relating to anti-trust and regulatory approvals have been satisfied and the transaction remains subject to Court sanctioning the Scheme at the Sanction Hearing. The acquisition is currently expected to become effective around Q4, 2023. As of September 26, 2023, the scheme is expected to become effective on October 3, 2023. As of September 29, 2023, High Court of Justice in England and Wales had sanctioned the Scheme. N.M. Rothschild & Sons Limited acted as a finanical advisor, Travers Smith LLP acted as a legal advisor to Inflexion Private Equity Partners. Stifel Nicolaus Europe Limited, and Fenchurch Advisory Partners LLP provided the fairness opinion and acted as financial advisors, Dorsey & Whitney (Europe) LLP, and George Knighton of Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisors to DWF. Equiniti Limited acted as a registrar to DWF. Inflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders on October 3, 2023.お知らせ • Sep 27DWF Group plc Declares Special Dividend, Payable Expected to Be No Later Than October 17, 2023DWF Group plc announced that the DWF Directors have declared the Special Dividend, settlement of which is conditional upon the Scheme becoming Effective. The other Conditions to the Scheme and the Acquisition are set out in the Scheme Document. DWF Shareholders who are on the register of members of DWF at the Scheme Record Time (expected to be at 6.00 pm. on 2 October 2023) (the "Record Date") will be entitled to the Special Dividend, being 3 pence for each DWF Share held at the Record Date. As the Special Dividend is conditional on the Scheme becoming Effective and shares the same record date as the Scheme Record Date, no ex date will be applied to the Special Dividend. Settlement of the Special Dividend will take place no later than 14 days after the Scheme has become Effective (as further referred to below, currently expected to be no later than 17 October 2023, assuming the Scheme becomes Effective on 3 October 2023). In the event that the Scheme does not become Effective, there will be no Special Dividend.お知らせ • Sep 24DWF Appoints Andrew Symons as Insurance PartnerDWF announced that Andrew Symons has been appointed to the firm's London Global Risks team as an insurance partner. Symons has more than 30 years of experience.お知らせ • Aug 25+ 1 more updateDWF Group plc, Annual General Meeting, Oct 20, 2023DWF Group plc, Annual General Meeting, Oct 20, 2023.お知らせ • Jul 23+ 1 more updateDWF Group to Delist its SharesThe boards of Aquila Bidco Limited (‘Bidco’), a newly incorporated wholly-owned subsidiary of funds advised by Inflexion Private Equity Partners LLP (‘Inflexion’) and DWF Group plc (‘DWF’) announced that they have reached agreement on the terms and conditions of a recommended all cash offer by Bidco for the entire issued and to be issued ordinary share capital of DWF (the ‘Acquisition’). The Acquisition is intended to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Acquisition, which will be subject to the Conditions and further terms set out in the Scheme Document, each DWF Shareholder will be entitled to receive: 100 pence for each DWF Share (the ‘Transaction Value’) valuing the entire issued, and to be issued, ordinary share capital of DWF at approximately £342 million. On the Effective Date, share certificates in respect of DWF Shares will cease to be valid and entitlements to DWF Shares held within the CREST system will be cancelled. DWF Shareholders shall be required to return share certificates to DWF or destroy them following the Effective Date. It is also proposed that, following the Effective Date and after its shares are delisted, DWF will be re-registered as a private limited company under the relevant provisions of the Companies Act.お知らせ • Jul 11DWF Shares Jump on Takeover Approach from Inflexion Private EquityDWF Group plc (LSE:DWF) on July 10, 2023 confirmed a Bloomberg report that it was in talks about a potential takeover with Inflexion Private Equity Partners LLP. The Manchester-based legal business said the potential offer would be for a total consideration of 100 pence per share. This could comprise 97p in cash, and a 3p special dividend for the six months to April 30. The total consideration is a 53% premium to Friday's closing price of 65.5p. Shares in DWF jumped 31% to 85.75p each in London on July 10, 2023 morning. Should a firm offer on such terms be made by Inflexion, DWF said it would be "minded to unanimously recommend" it to its shareholders. The offer would be subject to certain terms and conditions, DWF noted. "Discussions between DWF and Inflexion are ongoing and there can be no certainty that an offer will be made, even if the pre-conditions are satisfied or waived," the company said. Under UK takeover rules, Inflexion has until August 7 to announce a firm intention to make an offer or announce that it does not intend to make an offer.New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (163% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.6% increase in shares outstanding).お知らせ • May 31DWF Group plc Provides Revenue Guidance for the Financial Year Ended 30 April 2023DWF Group plc provided revenue guidance for the financial year ended 30 April 2023. For the year, the company expects net revenue of c£380 million (unaudited) reflecting growth of more than 8%.Upcoming Dividend • Jan 26Upcoming dividend of UK£0.016 per share at 6.0% yieldEligible shareholders must have bought the stock before 02 February 2023. Payment date: 03 March 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (2.3%).Reported Earnings • Dec 09First half 2023 earnings released: EPS: UK£0.04 (vs UK£0.031 in 1H 2022)First half 2023 results: EPS: UK£0.04 (up from UK£0.031 in 1H 2022). Revenue: UK£179.1m (up 3.4% from 1H 2022). Net income: UK£12.2m (up 34% from 1H 2022). Profit margin: 6.8% (up from 5.2% in 1H 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Dec 08DWF Group plc Approves an Interim Dividend for the Year Ending 30 April 2023, Payable on 3 March 2023DWF Group plc announced that the Board has approved an interim dividend for the year ending 30 April 2023 of 1.6 pence per share in line with policy of paying one third of the prior year total dividend as the interim dividend in the following year. The interim dividend for fiscal year 2023 is payable on 3 March 2023 to shareholders on the register as at 3 February 2023.お知らせ • Dec 07DWF Group plc (LSE:DWF) acquired Whitelaw Twining Law Corp.DWF Group plc (LSE:DWF) reached an agreement to acquire Whitelaw Twining Law Corporation for CAD 41.6 million on November 7, 2022. 16.5 millions of shares were issued, CAD 4.4 million of cash, and CAD 3 million were paid as Contingent share consideration. Also, CAD 5.9 million were assumed as debt and CAD 10.7 millions of debt was repaid. Whitelaw Twining revenue was CAD 34.5 million and assets were CAD 21.6 million. The completion of the acquisition is subject to the satisfaction of certain pre-conditions, which are expected to be met by the end of 2022 and the transaction is expected to close by the end of 2022. Sam Turvey or Sam Cartwright of H/Advisors Maitland acted as financial advisor to DWF Group in the transaction. DWF Group plc (LSE:DWF) acquired Whitelaw Twining Law Corp. on December 6, 2022. All pre-conditions have now been met.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Jonathan Bloomer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Nov 09DWF Group plc (LSE:DWF) reached an agreement to acquire Whitelaw Twining Law Corporation for CAD 26 million.DWF Group plc (LSE:DWF) reached an agreement to acquire Whitelaw Twining Law Corporation for CAD 41.6 million on November 7, 2022. 16.5 millions of shares were issued, CAD 4.4 million of cash, and CAD 3 million were paid as Contingent share consideration. Also, CAD 5.9 million were assumed as debt and CAD 10.7 millions of debt was repaid. Whitelaw Twining revenue was CAD 34.5 million and assets were CAD 21.6 million. The completion of the acquisition is subject to the satisfaction of certain pre-conditions, which are expected to be met by the end of 2022 and the transaction is expected to close by the end of 2022.お知らせ • Sep 07DWF Group plc Announces Executive ChangesDWF announced that Matthew Doughty is to be appointed Chief Growth & Strategy Officer with effect from 9 September 2022. Matthew Doughty will remain an Executive Director and will focus on the implementation of DWF's strategy of providing integrated legal and business services to more of its key clients. He will also lead on all inorganic expansion activities, in particular the delivery of a strong M&A pipeline, and will also remain the Board sponsor of the Group's ESG strategy. Company also announce the appointment of Matthew Glenville as Group Chief Operating Officer with effect from 9 September 2022. Matthew Glenville will be a member of the Executive Leadership Team and will have responsibility for pursuing operational excellence and delivering transformational change projects. The COO, who will not join the Board, will report to the CSO. Matthew Glenville joins DWF from ICE Clear Europe, one of the leading futures and options clearing houses, where since 2018 he has held the positions of COO, Chief Technology Officer and Chief of Staff. Previously, Glenville was COO at ICE Benchmark Administration and led various teams across front office, operations and change management at Royal Bank of Scotland.Board Change • Sep 02Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Jonathan Bloomer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.株主還元DWFLGB Professional ServicesGB 市場7D0.2%3.2%-1.9%1Y18.0%-29.1%14.9%株主還元を見る業界別リターン: DWFL過去 1 年間で-29.1 % の収益を上げたUK Professional Services業界を上回りました。リターン対市場: DWFL過去 1 年間で14.9 % の収益を上げたUK市場を上回りました。価格変動Is DWFL's price volatile compared to industry and market?DWFL volatilityDWFL Average Weekly Movement10.7%Professional Services Industry Average Movement5.6%Market Average Movement5.6%10% most volatile stocks in GB Market11.6%10% least volatile stocks in GB Market3.1%安定した株価: DWFLの株価は、 UK市場と比較して過去 3 か月間で変動しています。時間の経過による変動: DWFLの weekly volatility ( 11% ) は過去 1 年間安定していますが、依然としてUKの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20184,340Nigel Knowleswww.dwfgroup.comもっと見るDWF Group plc 基礎のまとめDWF Group の収益と売上を時価総額と比較するとどうか。DWFL 基礎統計学時価総額UK£316.39m収益（TTM）UK£12.45m売上高(TTM)UK£451.64m25.4xPER（株価収益率0.7xP/SレシオDWFL は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計DWFL 損益計算書（TTM）収益UK£451.64m売上原価UK£188.40m売上総利益UK£263.25mその他の費用UK£250.80m収益UK£12.45m直近の収益報告Apr 30, 2023次回決算日該当なし一株当たり利益（EPS）0.039グロス・マージン58.29%純利益率2.76%有利子負債／自己資本比率191.7%DWFL の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/10/03 02:50終値2023/10/02 00:00収益2023/04/30年間収益2023/04/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋DWF Group plc 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関James BaylissBerenbergWilliam KirknessJefferies LLCJames AllenPanmure Liberum4 その他のアナリストを表示
お知らせ • Oct 11DWF Group plc Announces Tea Colaianni, Resigns as Non-Executive DirectorDWF Group plc announces that Tea Colaianni, a Non-Executive Director of DWF Group Plc (DWF) has confirmed that, due to the cancellation DWF trading their shares on the main market for listed securities of the London Stock Exchange, with effect from 4 October 2023, she has resigned as a director of DWF.
お知らせ • Oct 05+ 1 more updateInflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders.Inflexion Private Equity Partners LLP entered into a Scheme of Arrangement to acquire DWF Group plc (LSE:DWF) from group of shareholders for approximately £340 million on July 21, 2023. As per the terms of the transaction, the offer price per share is £1 which includes cash consideration of £0.97 pence per DWF Share and a special dividend of £0.3 pence per DWF Share. The Acquisition will be funded through a combination of equity investment into Bidco from the Inflexion Funds, and new debt financing to be provided under the Senior Debt Facilities made available to Bidco by ICG funds with ICG Alternative Investment Limited acting as mandated lead arranger. Transaction is subject to DWF shareholders approval, court approval, and regulatory approvals and other conditions. DWF Directors unanimously recommended that DWF Shareholders vote in favor of the Scheme at the Court Meetings and vote in favor at the General Meeting. As of September 12, 2023. the board of DWF is pleased to announce that the Employee Shareholder Court Meeting and the Other Shareholder Court Meeting to consider the Scheme and the General Meeting to consider the Resolution were each held today and all resolutions were approved by the requisite majorities. As of September 26, 2023, all of the conditions to the acquisition relating to anti-trust and regulatory approvals have been satisfied and the transaction remains subject to Court sanctioning the Scheme at the Sanction Hearing. The acquisition is currently expected to become effective around Q4, 2023. As of September 26, 2023, the scheme is expected to become effective on October 3, 2023. As of September 29, 2023, High Court of Justice in England and Wales had sanctioned the Scheme. N.M. Rothschild & Sons Limited acted as a finanical advisor, Travers Smith LLP acted as a legal advisor to Inflexion Private Equity Partners. Stifel Nicolaus Europe Limited, and Fenchurch Advisory Partners LLP provided the fairness opinion and acted as financial advisors, Dorsey & Whitney (Europe) LLP, and George Knighton of Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisors to DWF. Equiniti Limited acted as a registrar to DWF. Inflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders on October 3, 2023.
お知らせ • Sep 27DWF Group plc Declares Special Dividend, Payable Expected to Be No Later Than October 17, 2023DWF Group plc announced that the DWF Directors have declared the Special Dividend, settlement of which is conditional upon the Scheme becoming Effective. The other Conditions to the Scheme and the Acquisition are set out in the Scheme Document. DWF Shareholders who are on the register of members of DWF at the Scheme Record Time (expected to be at 6.00 pm. on 2 October 2023) (the "Record Date") will be entitled to the Special Dividend, being 3 pence for each DWF Share held at the Record Date. As the Special Dividend is conditional on the Scheme becoming Effective and shares the same record date as the Scheme Record Date, no ex date will be applied to the Special Dividend. Settlement of the Special Dividend will take place no later than 14 days after the Scheme has become Effective (as further referred to below, currently expected to be no later than 17 October 2023, assuming the Scheme becomes Effective on 3 October 2023). In the event that the Scheme does not become Effective, there will be no Special Dividend.
お知らせ • Sep 24DWF Appoints Andrew Symons as Insurance PartnerDWF announced that Andrew Symons has been appointed to the firm's London Global Risks team as an insurance partner. Symons has more than 30 years of experience.
お知らせ • Aug 25+ 1 more updateDWF Group plc, Annual General Meeting, Oct 20, 2023DWF Group plc, Annual General Meeting, Oct 20, 2023.
お知らせ • Jul 23+ 1 more updateDWF Group to Delist its SharesThe boards of Aquila Bidco Limited (‘Bidco’), a newly incorporated wholly-owned subsidiary of funds advised by Inflexion Private Equity Partners LLP (‘Inflexion’) and DWF Group plc (‘DWF’) announced that they have reached agreement on the terms and conditions of a recommended all cash offer by Bidco for the entire issued and to be issued ordinary share capital of DWF (the ‘Acquisition’). The Acquisition is intended to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Acquisition, which will be subject to the Conditions and further terms set out in the Scheme Document, each DWF Shareholder will be entitled to receive: 100 pence for each DWF Share (the ‘Transaction Value’) valuing the entire issued, and to be issued, ordinary share capital of DWF at approximately £342 million. On the Effective Date, share certificates in respect of DWF Shares will cease to be valid and entitlements to DWF Shares held within the CREST system will be cancelled. DWF Shareholders shall be required to return share certificates to DWF or destroy them following the Effective Date. It is also proposed that, following the Effective Date and after its shares are delisted, DWF will be re-registered as a private limited company under the relevant provisions of the Companies Act.
お知らせ • Oct 11DWF Group plc Announces Tea Colaianni, Resigns as Non-Executive DirectorDWF Group plc announces that Tea Colaianni, a Non-Executive Director of DWF Group Plc (DWF) has confirmed that, due to the cancellation DWF trading their shares on the main market for listed securities of the London Stock Exchange, with effect from 4 October 2023, she has resigned as a director of DWF.
お知らせ • Oct 05+ 1 more updateInflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders.Inflexion Private Equity Partners LLP entered into a Scheme of Arrangement to acquire DWF Group plc (LSE:DWF) from group of shareholders for approximately £340 million on July 21, 2023. As per the terms of the transaction, the offer price per share is £1 which includes cash consideration of £0.97 pence per DWF Share and a special dividend of £0.3 pence per DWF Share. The Acquisition will be funded through a combination of equity investment into Bidco from the Inflexion Funds, and new debt financing to be provided under the Senior Debt Facilities made available to Bidco by ICG funds with ICG Alternative Investment Limited acting as mandated lead arranger. Transaction is subject to DWF shareholders approval, court approval, and regulatory approvals and other conditions. DWF Directors unanimously recommended that DWF Shareholders vote in favor of the Scheme at the Court Meetings and vote in favor at the General Meeting. As of September 12, 2023. the board of DWF is pleased to announce that the Employee Shareholder Court Meeting and the Other Shareholder Court Meeting to consider the Scheme and the General Meeting to consider the Resolution were each held today and all resolutions were approved by the requisite majorities. As of September 26, 2023, all of the conditions to the acquisition relating to anti-trust and regulatory approvals have been satisfied and the transaction remains subject to Court sanctioning the Scheme at the Sanction Hearing. The acquisition is currently expected to become effective around Q4, 2023. As of September 26, 2023, the scheme is expected to become effective on October 3, 2023. As of September 29, 2023, High Court of Justice in England and Wales had sanctioned the Scheme. N.M. Rothschild & Sons Limited acted as a finanical advisor, Travers Smith LLP acted as a legal advisor to Inflexion Private Equity Partners. Stifel Nicolaus Europe Limited, and Fenchurch Advisory Partners LLP provided the fairness opinion and acted as financial advisors, Dorsey & Whitney (Europe) LLP, and George Knighton of Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisors to DWF. Equiniti Limited acted as a registrar to DWF. Inflexion Private Equity Partners LLP completed the acquisition of DWF Group plc (LSE:DWF) from group of shareholders on October 3, 2023.
お知らせ • Sep 27DWF Group plc Declares Special Dividend, Payable Expected to Be No Later Than October 17, 2023DWF Group plc announced that the DWF Directors have declared the Special Dividend, settlement of which is conditional upon the Scheme becoming Effective. The other Conditions to the Scheme and the Acquisition are set out in the Scheme Document. DWF Shareholders who are on the register of members of DWF at the Scheme Record Time (expected to be at 6.00 pm. on 2 October 2023) (the "Record Date") will be entitled to the Special Dividend, being 3 pence for each DWF Share held at the Record Date. As the Special Dividend is conditional on the Scheme becoming Effective and shares the same record date as the Scheme Record Date, no ex date will be applied to the Special Dividend. Settlement of the Special Dividend will take place no later than 14 days after the Scheme has become Effective (as further referred to below, currently expected to be no later than 17 October 2023, assuming the Scheme becomes Effective on 3 October 2023). In the event that the Scheme does not become Effective, there will be no Special Dividend.
お知らせ • Sep 24DWF Appoints Andrew Symons as Insurance PartnerDWF announced that Andrew Symons has been appointed to the firm's London Global Risks team as an insurance partner. Symons has more than 30 years of experience.
お知らせ • Aug 25+ 1 more updateDWF Group plc, Annual General Meeting, Oct 20, 2023DWF Group plc, Annual General Meeting, Oct 20, 2023.
お知らせ • Jul 23+ 1 more updateDWF Group to Delist its SharesThe boards of Aquila Bidco Limited (‘Bidco’), a newly incorporated wholly-owned subsidiary of funds advised by Inflexion Private Equity Partners LLP (‘Inflexion’) and DWF Group plc (‘DWF’) announced that they have reached agreement on the terms and conditions of a recommended all cash offer by Bidco for the entire issued and to be issued ordinary share capital of DWF (the ‘Acquisition’). The Acquisition is intended to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Acquisition, which will be subject to the Conditions and further terms set out in the Scheme Document, each DWF Shareholder will be entitled to receive: 100 pence for each DWF Share (the ‘Transaction Value’) valuing the entire issued, and to be issued, ordinary share capital of DWF at approximately £342 million. On the Effective Date, share certificates in respect of DWF Shares will cease to be valid and entitlements to DWF Shares held within the CREST system will be cancelled. DWF Shareholders shall be required to return share certificates to DWF or destroy them following the Effective Date. It is also proposed that, following the Effective Date and after its shares are delisted, DWF will be re-registered as a private limited company under the relevant provisions of the Companies Act.
お知らせ • Jul 11DWF Shares Jump on Takeover Approach from Inflexion Private EquityDWF Group plc (LSE:DWF) on July 10, 2023 confirmed a Bloomberg report that it was in talks about a potential takeover with Inflexion Private Equity Partners LLP. The Manchester-based legal business said the potential offer would be for a total consideration of 100 pence per share. This could comprise 97p in cash, and a 3p special dividend for the six months to April 30. The total consideration is a 53% premium to Friday's closing price of 65.5p. Shares in DWF jumped 31% to 85.75p each in London on July 10, 2023 morning. Should a firm offer on such terms be made by Inflexion, DWF said it would be "minded to unanimously recommend" it to its shareholders. The offer would be subject to certain terms and conditions, DWF noted. "Discussions between DWF and Inflexion are ongoing and there can be no certainty that an offer will be made, even if the pre-conditions are satisfied or waived," the company said. Under UK takeover rules, Inflexion has until August 7 to announce a firm intention to make an offer or announce that it does not intend to make an offer.
New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (163% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.6% increase in shares outstanding).
お知らせ • May 31DWF Group plc Provides Revenue Guidance for the Financial Year Ended 30 April 2023DWF Group plc provided revenue guidance for the financial year ended 30 April 2023. For the year, the company expects net revenue of c£380 million (unaudited) reflecting growth of more than 8%.
Upcoming Dividend • Jan 26Upcoming dividend of UK£0.016 per share at 6.0% yieldEligible shareholders must have bought the stock before 02 February 2023. Payment date: 03 March 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (2.3%).
Reported Earnings • Dec 09First half 2023 earnings released: EPS: UK£0.04 (vs UK£0.031 in 1H 2022)First half 2023 results: EPS: UK£0.04 (up from UK£0.031 in 1H 2022). Revenue: UK£179.1m (up 3.4% from 1H 2022). Net income: UK£12.2m (up 34% from 1H 2022). Profit margin: 6.8% (up from 5.2% in 1H 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Professional Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Dec 08DWF Group plc Approves an Interim Dividend for the Year Ending 30 April 2023, Payable on 3 March 2023DWF Group plc announced that the Board has approved an interim dividend for the year ending 30 April 2023 of 1.6 pence per share in line with policy of paying one third of the prior year total dividend as the interim dividend in the following year. The interim dividend for fiscal year 2023 is payable on 3 March 2023 to shareholders on the register as at 3 February 2023.
お知らせ • Dec 07DWF Group plc (LSE:DWF) acquired Whitelaw Twining Law Corp.DWF Group plc (LSE:DWF) reached an agreement to acquire Whitelaw Twining Law Corporation for CAD 41.6 million on November 7, 2022. 16.5 millions of shares were issued, CAD 4.4 million of cash, and CAD 3 million were paid as Contingent share consideration. Also, CAD 5.9 million were assumed as debt and CAD 10.7 millions of debt was repaid. Whitelaw Twining revenue was CAD 34.5 million and assets were CAD 21.6 million. The completion of the acquisition is subject to the satisfaction of certain pre-conditions, which are expected to be met by the end of 2022 and the transaction is expected to close by the end of 2022. Sam Turvey or Sam Cartwright of H/Advisors Maitland acted as financial advisor to DWF Group in the transaction. DWF Group plc (LSE:DWF) acquired Whitelaw Twining Law Corp. on December 6, 2022. All pre-conditions have now been met.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Jonathan Bloomer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Nov 09DWF Group plc (LSE:DWF) reached an agreement to acquire Whitelaw Twining Law Corporation for CAD 26 million.DWF Group plc (LSE:DWF) reached an agreement to acquire Whitelaw Twining Law Corporation for CAD 41.6 million on November 7, 2022. 16.5 millions of shares were issued, CAD 4.4 million of cash, and CAD 3 million were paid as Contingent share consideration. Also, CAD 5.9 million were assumed as debt and CAD 10.7 millions of debt was repaid. Whitelaw Twining revenue was CAD 34.5 million and assets were CAD 21.6 million. The completion of the acquisition is subject to the satisfaction of certain pre-conditions, which are expected to be met by the end of 2022 and the transaction is expected to close by the end of 2022.
お知らせ • Sep 07DWF Group plc Announces Executive ChangesDWF announced that Matthew Doughty is to be appointed Chief Growth & Strategy Officer with effect from 9 September 2022. Matthew Doughty will remain an Executive Director and will focus on the implementation of DWF's strategy of providing integrated legal and business services to more of its key clients. He will also lead on all inorganic expansion activities, in particular the delivery of a strong M&A pipeline, and will also remain the Board sponsor of the Group's ESG strategy. Company also announce the appointment of Matthew Glenville as Group Chief Operating Officer with effect from 9 September 2022. Matthew Glenville will be a member of the Executive Leadership Team and will have responsibility for pursuing operational excellence and delivering transformational change projects. The COO, who will not join the Board, will report to the CSO. Matthew Glenville joins DWF from ICE Clear Europe, one of the leading futures and options clearing houses, where since 2018 he has held the positions of COO, Chief Technology Officer and Chief of Staff. Previously, Glenville was COO at ICE Benchmark Administration and led various teams across front office, operations and change management at Royal Bank of Scotland.
Board Change • Sep 02Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Jonathan Bloomer was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
