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Herbert Smith Freehills Advises Mitula Group Limited On Its AUD 27m Initial Public Offering

2 July, 2015

 

Herbert Smith Freehills has advised vertical search website operator Mitula Group Limited (Mitula Group) on its successful initial public offering (IPO) and listing on the ASX on 1 July 2015 with a market capitalisation of AUD 154m at the offer price.

 

Melbourne based partner Michael Ziegelaar, co-head of Herbert Smith Freehills’ market leading equity capital markets team, senior associate Nick Golding and solicitor Andrew Earle advised Mitula Group.

 

Gonzalo del Pozo, Chief Executive Officer of Mitula Group said: “We are very pleased with the outcome of our IPO. We are new to the ASX and the Australian legal regime and the team at Herbert Smith Freehills did a great job of guiding us through the Australian listing process.”

 

Michael Ziegelaar said: “It was a pleasure to work with such a highly driven board and management team who are very passionate about their business. We wish Mitula Group every success as a listed company and look forward to continuing to work with them in the future.”

 

Baillieu Holst Ltd acted as Lead Manager and Underwriter on the offering. 

 

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