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Chargemaster plans stock market float

Rik Thomas
21 October 2011
David Martell
David Martell

 

Electric vehicle charging point supplier Chargemaster has announced that it is planning to float up to 33% of the company on the London stock market early next year, raising £25m to fund expansion in the UK and in Europe.

Speaking at the formal launch of its POLAR network of 4,000 privately-funded charging points, company founder and chief executive David Martell said: “We believe it could be a £1bn business.”

Chargemaster is investing £10m in establishing the...

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