Pinsent Masons acts as Motorpoint goes public

13 May 2016 | 03:17 pm |

International law firm Pinsent Masons has advised Motorpoint on its admission to the London Main Market in a deal which values the automotive business at £200m.

The Derby-based business announced the pricing of its initial public offering which comprised the offer of 50,000,000 shares at a price of 200p per share on 13 May.

Following completion of the Offer the Company is expecting to be eligible for inclusion in the FTSE UK Index Series.

Motorpoint is the largest independent vehicle retailer in the UK and employs over 600 staff through 10 outlets around the UK.

The Pinsent Masons team was led by corporate finance partners Rob Hutchings and Hannah Brader with assistance from James Kaye, Alasdair Weir and Adam Seymour.

Hutchings said:

"The IPO market remains a little choppy so the success of this transaction is welcome for the markets, and furthers our credentials as specialists not just in main market transactions but in the automotive sector more generally."

Numis is co-ordinating the IPO, while Shore Capital is acting as a co-bookrunner. Rothschild acted as Motorpoint’s financial advisers.

Latest press releases

Show me all press releases

Pinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse

Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..

Pinsent Masons named a top ten family friendly employer for fourth year in a row

Multinational law firm Pinsent Masons has been named as one of the top ten family friendly employers in the UK by work life balance charity, Working Families.

Pinsent Masons wins Insurance Team of the Year at Legal Business Awards 2020

Multinational law firm Pinsent Masons has won Insurance Team of the Year at the Legal Business Awards 2020 for its role advising Royal London on its Brexit strategy and the implementation of a cross-border reorganisation of part of its business.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse

Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..

Launch Climate Change Mitigation Sustainability platform

Multinational law firm Pinsent Masons has appointed energy partner Paul Rice to lead its newly created Climate Change Mitigation and Sustainability group as it seeks to embed a coordinated, firmwide approach to the climate crisis.

Pinsent Masons advises AMC Entertainment Holdings, Inc. on €65m sale of Baltic region theatre locations

Multinational law firm Pinsent Masons has advised AMC Entertainment Holdings, Inc (AMC) on the €65m ($77 million) sale of nine theatre locations across the Baltic region to Up Invest.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts