Birmingham law firm Putsmans advised Daniel Stewart in its role as nominated adviser and broker raising £3 million before expenses for Corpora by way of a conditional placing.

The money will be used for the continued expansion of Corpora, a knowledge management software developer. Keith Spedding, who recently joined Putsmans from Wragge & Co, dealt with the matter.

Mr Spedding, who specialises in public company transactions, said: "It was a great opportunity to act for Daniel Stewart, one of the leading brokers focussing on the small cap sector.

"It shows Putsmans have the capability to deal with these type of matters."