Instinctif Partners advises Hastings IPO
We provided financial PR support to UK motor insurance provider Hastings Group on its £1.12bn listing on the Main Market of the London Stock Exchange.
Our team was made up of Mike Davies, Nick Woods and Cornelia Schnepf, with advisory support from Tim Linacre.
Hastings Group began conditional dealings on the Main Market of the London Stock Exchange on 12 October 2015 with a market capitalisation of £1.12bn.
Managing Partner Mike Davies said: “We are delighted that Hastings chose Instinctif to advise them as the business enters the next stage of its growth as a listed company. The team at Hastings, led by Gary Hoffman, has transformed the Group into a leading player in the UK motor insurance market and demonstrated that the business understands the needs of customers, as evidenced by Hastings’ impressive track record in building market share.”
Hastings Group CEO Gary Hoffman commented: “We are delighted to have Instinctif as part of our core advisory team. They provided straightforward advice to our colleagues across the business and helped us navigate volatile markets in achieving a successful IPO.”