People

Varied perspectives help us to build constructive working relationships.

People
Portrait of Lily Searle
Areas of expertise: Corporate

Profile

Lily is an associate in the corporate team in the London office. She has broad experience of corporate issues spanning transactional work and equity capital markets and has a particular interest in domestic and cross-border private M&A as well as initial public offerings.

Having worked on a number of IPOs on both AIM and the Main Market of the London Stock Exchange, Lily is well placed to advise on flotations as well as secondary fundraisings to issuers and financial advisers alike. Her capital market experience extends to takeover scenarios and she is happy to advise board members of listed companies on fiduciary duties and governance queries. She additionally enjoys working on share capital reorganisations and returns of value to shareholders.

Lily joined Penningtons Manches in 2019, having qualified in 2017 with a large international firm.

Recent work highlights

  • Advising a major asset manager on the disposal of its indirect real estate business and Luxembourg-based investment fund.
  • Acting for an AIM listed pharmaceutical company on the receipt of a recommended takeover offer valued at around £165 million.
  • Advising on the £10 million AIM market placing of a pharmaceutical company.
  • Advising on the Main Market listing of a leading independent investment platform with a valuation of £650 million.

Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP