Sponsor Services

SPARK can provide all your Sponsor Service requirements under the UK Listing Authority’s Listing Rules

As a Sponsor registered with the UK Listing Authority, SPARK advises on IPOs, Prospectuses for trading and investment companies (including Venture Capital Trusts (“VCTs”) and Investment Trusts), Class 1 acquisitions and disposals, related party transactions (“RPTs”), reverse takeovers, compliance with the Listing, Prospectus, Disclosure & Transparency Rules, and other Sponsor Services under the Listing Rules.

The SPARK team has over 25 years’ experience in acting as Sponsors to companies with a Premium Listing on the London Stock Exchange’s premier market: the Main Market. As one of a small number of UK Listing Authority approved Sponsors, SPARK provides a wide range of Sponsor Services required under the Listing Rules, often also acting as the company’s Financial Advisor.

VCTs

Over the years the SPARK team has acted for over a quarter of all the VCTs to have undertaken initial public offerings (IPOs) on the Official List. Most recently SPARK has acted for VCTs including Downing ONE VCT, Amati VCT, Amati VCT 2, Downing Planned Exit VCT 6 (and 7) and Calculus VCT on transactions including secondary fundraisings of existing and new share classes, tender offers, share buybacks under dividend reinvestment schemes, business combinations (including mergers) and related party transactions.

Trading companies

The SPARK team have acted for a number of trading companies which operate in a wide range of sectors and from both UK and overseas jurisdictions over recent years. SPARK’s capabilities include acting as financial advisor and/or Sponsor to companies with a Premium Listing requiring Sponsor Services including the issue of Prospectuses, shareholder circulars, consultation regarding related party transactions, and other matters requiring shareholders’ approval in general meetings.
We can also provide Main Market companies with independent advice in relation to the City Code on Takeovers and Mergers.

In the first instance, contact Mark Brady or Neil Baldwin of our Sponsor Service Team.