Lena Hodge is a partner in the Firm's International Corporate Practice Group. She leads the Equity Capital Markets Team in the London office and serves on the Firm's Management Committee.

Lena practices in corporate finance, mergers and acquisitions, and equity capital markets (AIM and Main Market). She has extensive experience advising public and private companies and US sponsors on IPOs and secondary fundraisings, mergers and acquisitions, public company takeovers, and general corporate matters.

Lena is recommended by multiple directories, including The Legal 500 UK for M&A and Euromoney’s Women in Business Law for Capital Markets.



Advised-AIM listed Victoria PLC, a UK-based global designer, manufacturer, and distributor of flooring products, on the up to £175 million investment in convertible redeemable preferred equity shares by Koch Equity Development LLC, a subsidiary of Koch Industries, Inc. (“KED”). KED’s investment in Victoria is a landmark transaction in the United Kingdom and is among the first preferred equity PIPE transactions in a UK PLC of this type. Victoria also undertook a share buyback of some of its ordinary shares from Invesco Asset Management Limited.

Represented the sellers on the sale of Katsouris Limited, a Mediterranean food products business to Cranswick PLC for over £50 million.

Represented Victoria PLC on its refinancing of a £143.2 million term and a £60 million revolving facilities agreement combined with assistance on a bond issuance of €330 million of bonds.

Represented Cantor Fitzgerald Europe in respect of the placing via an accelerated bookbuild and open offer by Director Plus PLC, trading on AIM.

Represented Midatech Pharma PLC, trading on AIM, on its subscription, placing, and open offer by China Medical System Holdings Limited.

Represented N+1 Singer on the admission of the entire issued share capital of Renalytix AI PLC to trading on AIM, which raised approximately £25 million through a placing, US subscription, and restricted offer to shareholders of EKF Diagnostics Holdings PLC.

Represented Victoria PLC on its acquisition of Italian ceramic floor manufacturer, Ceramiche Serra S.p.A., for cash consideration of up to €56.5 million.

Represented Victoria PLC on its acquisition of Cerámica Saloni, S.A. from Obinesa Grupo Industrial, S.L. and advised Victoria on the funding for the acquisition through a combination of raising c.£60.5 million by way of a firm placing and a vendor placing and the entry into new banking facilities. 

Represented Victoria PLC on its acquisition of Keraben Grupo S.A., a substantial European manufacturer of branded floor and wall ceramic tiles based in Spain, for a total consideration of €274.1 million from Tensile-Keraben Holdings S.a.r.l. (an associated company for Tensile Capital Management LLC) and the founding family. Consideration was payable in cash on completion and was satisfied in part through a placing of vendor placing shares and firm placing shares to raise proceeds of approximately £180 million. The vendor placing shares and firm placing shares were placed by Cantor Fitzgerald Europe and Berenberg, as joint bookrunners, with certain existing and new institutional investors.

Represented Arix Bioscience PLC, a global healthcare and life science company that sources, finances, and develops both start-up and later stage companies across the healthcare and life science sectors, on (i) its initial public offering and admission to trading on the standard segment of the Main Market of the London Stock Exchange which Arix raised total gross proceeds of £100 million in its oversubscribed initial public offering; and (ii) on its subsequent £100 million secondary fundraising.

Represented the management of Chorus Law in connection with its merger into Simplify Group Limited together with Move with Us Limited, one of the largest panel management conveyancing companies, and its subsequent acquisition by Palamon Private Equity.

Represented Keywords Studios PLC, a leading video game globalization and localization company, on its IPO and the admission of its ordinary shares to trading on AIM.

Represented Chengdu Geeya Technology Co. Ltd., a Chinese electronics components company, listed on the Shenzhen Stock Exchange on its takeover of AIM-traded Harvard International PLC.

Advised the management buyout team in relation to their public-to-private transaction of AIM-quoted Independent Media Distribution PLC, a media logistics and distribution company, by way of a scheme of arrangement with Vitruvian Partners LLP as the private equity backers.

Advised a consortium of shareholders in Victoria PLC on its board seeking control proposal and requisition of general meeting to restructure the Board and its subsequent move to AIM.


College of Law, Guildford – Law Society Finals, 1992
Staffordshire Law School – LL.B., 1991

Bar Admissions

Solicitor, England & Wales
Awards and Honors
Recognized by The Legal 500 UK as a Recommended Lawyer for M&A: Smaller Deals, Up to £50M
Shortlisted for Euromoney's Women in Business Law Awards for "Best in Capital Markets: Equity"
Recognized as a leading practitioner in the Capital Markets field in the Women in Business Law Guide
Winner of the 2019 Lawyer Monthly Women in Law Awards for ECM
Shortlisted for The Lawyer Awards 2014: Client Partner of the Year