Cains advises IBS Group Holding Limited

Cains advised the Isle of Man company, IBS Group Holding Limited, in relation to the initial public offering of Class A ordinary shares of its subsidiary Luxoft Holding, Inc., such shares being listed on the New York Stock Exchange. The IPO raised approximately UD$68.7 million for Luxoft.
The Cains team was led by Richard Vanderplank.

Please see http://www.luxoft.com/pr/luxoft-holding-inc-announces-pricing-of-initial-public-offering/ for further information.