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Briefing Notes

City of London law firm, Druces LLP has advised Belvedere Leisure Resorts PLC on £25m bond issue to fund luxury Scottish leisure resort

Druces’ Capital Markets team has advised Belvedere Leisure Resorts PLC (NEX: BELV) (“Belvedere”), in connection with the admission of a 6.25% secured bond raising up to £25,000,000 due on 5 December 2024. Alfred Henry Corporate Finance Limited were appointed NEX Corporate Adviser. Belvedere is a recently-formed, wholly-owned subsidiary of Belvedere Leisure Park Limited (“BLP”). BLP […]

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Druces appoints Julian Washington as new Head of Business Development

City of London law firm, Druces LLP, is delighted to announce the arrival of Julian Washington, an experienced business development specialist with a formidable background in the legal sector, as its new Head of Business Development. Julian spent almost twenty years as a lawyer in private practice with major London firms before moving into a […]

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Druces gains far-reaching recognition in Legal 500 2020

City law firm Druces is delighted to have been recommended in 12 legal categories in the latest edition of Legal 500, (2020) which has just been published, together with commendations for a number of our lawyers. Legal 500 highlights a number of areas for particular praise, including: Druces’ M&A team are ‘strong and very competent. They understand […]

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Druces advises Savannah Resources plc on its £5m placing and subscription

Druces’ Capital Markets team has advised long-standing client Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) (“Savannah”), in connection with a secondary fundraising of approximately £3.76 million cash (before expenses) through a placing (“Placing”) of 161,400,000 new ordinary shares of 1p each (“Ordinary Shares”) and subscription of 26,500,000 Ordinary Shares, such Ordinary Shares […]

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Druces announces merger with Sykes Anderson Perry

Monday 9 September 2019: Druces has announced its merger with London-based law firm Sykes Anderson Perry, as part of its continued strategic growth and development. The merger will strengthen Druces’ Private Client and Real Estate practices and represents around £1.6 million of additional fee income for the firm.  Druces will be joined by four directors […]

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‘Team Druces’ completes 2019 Standard Chartered Great City Race

Many congratulations to Druces’ team of 7 runners who completed the 2019 Standard Chartered Great City 5K on Tuesday evening (16th July). Together with more than 6,000 other runners from institutions across the City, our team included lawyers and business services staff from across the firm. Business Services Assistant, Brian Pike, was our fastest finisher, […]

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