Hill Dickinson’s London Corporate team has advised special purpose acquisition vehicle Dial Square Investments plc (LSE:DSI) on its admission to trading on the Standard Segment of the Main Market for the London Stock Exchange. Trading commenced on 30 November 2022.
The Hill Dickinson team was led by corporate partner Sam Hudson, assisted by associate Emily Rawlins and trainee solicitor Sanne Gerdsen.
Dial Square is an investment vehicle formed to target acquisitions of majority interests that enable it to capitalise on the potential to develop a vertically integrated sports management operation. Global growth in the consumption of sport at elite and professional level has led to the development of a large sports management sector which encompasses a wide variety of different opportunities.
Dial Square has been founded by a highly experienced management team, with a proven track record of operating in the elite sports industry. The board comprises of Neil Cousins, who has been involved in the business of sport for over 20 years, Lincoln Moore, an experienced director of several listed companies and Daniel (Danny) Wilson, a former premier league football manager. The board will also be supported by two strategic advisers: Jon Smith OBE, who is considered to be the world’s first football ‘Super-Agent’, and Keith Cousins, an executive and advisor to many international companies primarily within the areas of sport and media.
Neil Cousins, non-executive chairman of the Dial Square, commented:
“We are delighted to announce our successful fundraising and admission to trading. There are strong growth prospects in the sports management industry and we are excited to start assessing opportunities. We’d like to thank our current investors and look forward to sharing updates on our progress in due course. It was a pleasure working with Sam and the rest of the Hill Dickinson team that helped to guide us through the listing process.”
Commenting for Hill Dickinson, Sam Hudson said: “It’s been a pleasure to assist Dial Square with this listing. We look forward to working with the team going forward as they identify acquisition opportunities and advance their investment strategy.”