Norton Rose Fulbright has advised on the initial public offering of GAME Digital plc (‘GAME’), the leading omni-channel specialist retailer of video games in the UK and Spain.

The offer price was set at 200 pence per Ordinary Share, giving GAME a total market capitalisation at the offer price of £340 million. The offer raised gross proceeds of approximately £121 million.

GAME is a market leader in the UK and Spanish video game markets, where it sells an extensive range of new and pre-owned gaming and gaming-related products, as well as mobile devices and movies.

Norton Rose Fulbright acted for Canaccord Genuity (sole sponsor, financial adviser and joint bookrunner), HSBC Bank and Liberum (joint bookrunners).

The Norton Rose Fulbright team was led by corporate partner Nick Adams, assisted by Matthew Watkins, Keith Law, Aidar Darmesh and Sarah Charig, with Tom Vita leading the US securities team, assisted by Kevin Connolly and Marina Petrova. The Norton Rose Fulbright team also included corporate partner Fiona Millington, Dominic Stuttaford and Ed Denny (tax), Monique Fry and Louise Dent (share incentives) and Paul Griffin and Ben Wright (employment).