Fully Listed: London Stock Exchange
The London Stock Exchange’s main market is one of the largest and most international stock exchanges in the world, with over 1,600 companies from 60 countries currently listed. The market offers companies the choice of a primary or secondary listing and a number of listing options, including equity, debt, and depository receipts.
Responsibility for the approval of prospectuses and admission of companies to the main market lies with the UK Listing Authority (UKLA), a division of the Financial Services Authority (FSA). The Stock Exchange is responsible for admission to trading of companies to the main market. Accordingly joining the main market involves two parallel processes; a company applies for its securities to be admitted to the Official List through the UKLA and the listing is dependent on those securities gaining admission to trading on the main market through satisfying the Stock Exchange’s Admission and Disclosure Standards.
We can help with the listing process and with providing company secretarial support thereafter, including:
- Updating/establishing appropriate statutory records prior to due diligence
- Accepting appointment as company secretary or assisting the in-house company secretary and his/her team
- Liaising with the company, solicitors, accountants, brokers, and others during the listing process
- Drafting terms of reference for board committees
- Maintaining statutory records after listing
- Assisting with special projects including acquisitions, disposals, capital reorganisations etc.
- Assisting with organisation of board and shareholder meetings and attending meetings to give advice and take minutes
- Advising on compliance with UKLA rules, combined code, guidelines of ABI, RREV, Manifest, PIRC, and others etc.
- Liaison with the company, brokers, and PR advisers to make announcements
- Establishing procedures for directors’ share dealings, declarations of interest etc.
For further information email us at info@davidvenus.com or phone us on 01372 465330.
