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 has 2040 science-based net-zero target verified

Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.

Pinsent Masons is successful with City of Munich landmark Oktoberfest appeal

Multinational law firm Pinsent Masons is advising the City of Munich in appeal proceedings brought by the organisers of a planned Oktoberfest event in Dubai. The organisers provided cease-and-desist undertakings, thereby in effect accepting a preliminary injunction issued in this landmark case by the District Court in favour of the City of Munich.

Pinsent Masons advises Northern Gritstone on £215m fund raising

Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons has 2040 science-based net-zero target verified

Multinational law firm Pinsent Masons is one of the first law firms to have its global 2040 net-zero target verified by the Science Based Targets initiative, as it doubles down on efforts to reduce its impact on climate change.

Pinsent Masons advises Northern Gritstone on £215m fund raising

Multinational law firm Pinsent Masons has advised the new investment business Northern Gritstone, founded by the Universities of Leeds, Manchester and Sheffield, on its £215m fund raising.

Pinsent Masons advises shareholders on sale of Fastway Couriers

Multinational law firm Pinsent Masons has advised the shareholders of Fastway Couriers, including leading Irish private equity funds MML Growth Capital Partners Ireland and Woodberry Ireland Capital, on its sale to Elysian Capital.

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