Capital Markets Partners Welcome Eased UK Listing Rules
The reform has been anticipated and gained wide approval from capital markets partners across London.
July 12, 2024 at 05:38 AM
3 minute read
The U.K. financial watchdog has revised its listings rules for companies seeking to issue their shares on a U.K. exchange, in a move that has been welcomed by top capital markets partners in London.
The reform focuses primarily on increasing flexibility around shareholder voting rights, removing the need for "votes on significant or related party transactions". However, approval will still be required for key events such as reverse takeovers and decisions to take shares off an exchange.
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