Ashurst advised Liberum Capital Limited who acted as sponsor, financial adviser and underwriter to Flybe Group plc in connection with its £155 million capital raising. The capital raising was structured as a Firm Placing and Placing and Open Offer of new ordinary shares in Flybe Group plc, and was fully underwritten by Liberum Capital.

The Ashurst team comprised corporate partner Jonathan Parry, senior associates Stuart Dullard and Philippa Michie (tax), and associate Jessie Heners (US law).