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Centurion Law Group unveils plan for public listing

18 Jun 2019, 02:16 pm
Financial Nigeria
Centurion Law Group unveils plan for public listing

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Centurion says it plans to float on one of the stock exchanges in Europe later this year.

NJ Ayuk, Chief Executive Officer, Centurion Law Group

Centurion Law Group, a leading pan-African legal and business advisory conglomerate, has announced plans to float on one of the stock exchanges in Europe later this year. According to a statement released on Monday, the law firm said the aim of the listing is to achieve a new phase of growth.

“Centurion has always differentiated itself by its ability to adapt to change, get the deal done and being pan-African and pro-African,” said NJ Ayuk, CEO of Centurion. “The African legal market has changed a lot and we are proud to be a leader for legal transformation in Africa. As we look to being listed in a few months, we are truly excited about this new phase of growth for the company and for our clients.”

By launching the Initial Public Offering (IPO), Centurion Law Group will become the first African legal and business advisory firm to be publicly-listed this year, the South Africa-based law group noted.

This move, according to the firm, is a natural step for Centurion, given its increased legal activities across the continent and dominance in the Sub-Saharan African oil and gas sector practice area. Ayuk is also the Executive Chairman of the African Energy Chamber (AEC), which brings together governments and businesses to enhance the growth of Africa’s energy sector under international standards and best practices.

In November 2018, Centurion acquired Imani – Africa Lawyers on Demand, a flexible legal services provider as the law firm launched its new division, Centurion Plus. Through this division, corporate clients throughout Africa can select from a pool of approximately 190 carefully-vetted, on-demand attorneys for temporary and project-based legal services.

In February 2019, Chambers and Partners, the world's leading research firm for the legal profession, ranked Centurion’s office in Equatorial Guinea in Band 1 – the highest practice-level ranking – in the General Business Law category of the Chambers Global 2019.

With offices and affiliates across Ghana, Cameroon, Congo, Equatorial Guinea, Nigeria, Gabon, Angola, Senegal and South Sudan, Centurion provides outsourced legal representation and covers a full scale of practice areas for its clients, including arbitration and commercial litigation, corporate law, tax and anti-corruption advisory and contract negotiation. Centurion says it assists its clients to grow their businesses in Africa.

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