Ashurst advised Credit Suisse Securities (Europe) Limited as financial adviser and corporate broker to Computacenter plc's proposed one-off return of approximately £75 million to shareholders.

The return of value is being made by way of a B share structure in conjunction with a share capital consolidation of 9 new ordinary shares for every 10 existing ordinary shares. The B share structure will allow shareholders to receive their payment as capital or income (the payment for US shareholders will automatically be received as income).

The Ashurst team was led by corporate partners Nicholas Holmes and Jennifer Schneck, assisted by corporate associate Marianna Kennedy.

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