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

Transactional Services group appoints two partners in Singapore

Multinational law firm Pinsent Masons has appointed Transactional Services partners Nicholas Hanna and Mark Tan, as it grows its corporate capabilities in Singapore.

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

Pinsent Masons hires real estate regulatory and investment partner in Germany

Multinational law firm Pinsent Masons has hired real estate funds regulatory and investment specialist Dorothee Atwell into its Frankfurt office

People who viewed this press release also viewed

Show me all press releases

Transactional Services group appoints two partners in Singapore

Multinational law firm Pinsent Masons has appointed Transactional Services partners Nicholas Hanna and Mark Tan, as it grows its corporate capabilities in Singapore.

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

Pinsent Masons advises Royal London on sale of Ascentric

Pinsent Masons has advised Royal London on the sale of its platform business, Ascentric, to M&G plc.

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