Premier Sports is to list on AIM later this month and is expect to achieve a market capitalisation of £5.7m, although it will not raise any cash.
The sports coaching company for children, is supported by stars such as England rugby player Lawrence Dallaglio is expected to start trading on 22 August.
Company founder David Batch will hold about 29.9% of the issued share capital after the admission, with Conduit Investments holding 18.4%, Berkeley Consultants holding 9.2% and Complete Leisure holding 9.2%.
Premier Sports provides over 1,000 lessons to schools every week through a franchisee network of sports coaches focusing on the four to 12-year-old market.
David Batch, managing director of Premier Sport, said: “We view the imminent admission onto AIM as an important step in consolidating our position as the market leader in the sports coaching market for young children.
“Looking forward, we believe the hosting of the Olympics by London in 2012 and the increasing awareness of the child obesity issue will heighten the interest of parents - and children - for more structured sports coaching programmes both within and outside of the school curriculum.”
Dawnay Day Corporate Finance are to act as the nominated adviser and broker to the company.
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