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Hogan Lovells

UK Capital Markets: London Stock Exchange launches market discussion on the future of AIM

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On 7 April 2025, the London Stock Exchange (LSE) published a discussion paper ‘Shaping the Future of AIM’ (Discussion Paper) inviting feedback on proposals to develop the overall AIM market framework and update the AIM Rules...more

BCLP

London Stock Exchange Discussion Paper - Shaping the Future of AIM

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The ‘Jewel in the Crown’ of London’s markets, AIM has been a central feature of UK capital markets for the last 30 years providing growing companies with access to capital and liquidity. ...more

Dorsey & Whitney LLP

Obtaining a Secondary Listing on the Main Market of the London Stock Exchange

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This eUpdate focuses on the eligibility requirements, process and continuing obligations for a company with a primary listing in a jurisdiction outside the UK which is seeking a secondary listing on the Main Market of the...more

Conyers

Secondary Listing of Companies on the London Stock Exchange

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Having recently acted as Bermuda counsel to a Hong Kong listed company on its successful secondary listing on the London Stock Exchange, we thought it would be helpful to summarise the benefits of a secondary listing to...more

Akin Gump Strauss Hauer & Feld LLP

The New UK Listing Rules - The Most Significant Change to the UK’s Listing Regime in 40 Years

The new reforms to the UK listing regime (Listing Rules) published by the Financial Conduct Authority (FCA) came into force on Monday 29 July 2024, marking the most significant change to the UK’s listing regime in 40 years as...more

BCLP

London: The Optimum IPO Venue for Israeli Growth Companies

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For the vast majority of Israeli and Israel-related companies considering an IPO, London should continue to be the venue of choice. London has greater access to capital and liquidity than the Tel Aviv Stock Exchange and lower...more

White & Case LLP

Changes ahead: London market is ready for reform

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Along with other stock exchanges across the world, the London Stock Exchange (LSE) had a challenging 2023, recording only 23 new listings with a total value of less than US$1 billion. This represented a 23 percent...more

Latham & Watkins LLP

Recent Developments for UK PLCs - March Edition

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On 23 February 2024, the Investment Association (IA) issued its annual letter to FTSE 350 remuneration committee chairs providing an update on the IA’s Principles of Remuneration and emerging views on remuneration matters....more

BCLP

London: an Attractive IPO Venue for US Mid-Caps

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While the British media is currently focussed on a small number of large-cap companies, formerly listed in London, choosing to move their listings to New York, there is another story which is not so well publicised. Many...more

Goodwin

The New UK Listing Regime Takes Shape as Further Detailed Proposals are Announced by the UK Financial Conduct Authority

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On 20 December 2023, the UK Financial Conduct Authority (the “FCA”) published a further consultation paper (CP23/31) (the “December Consultation Paper”) for reforming the UK listing regime....more

A&O Shearman

Embracing legal tech: A game-changer for IPO success

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This tech-driven approach is not just an option; it's a necessity. Michael Bloch, Partner at A&O, explains, "IPOs are incredibly complex, but we are exploring ways to make them less painful for everyone involved through the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Are UK-Listed Companies Paying the Price for Executive Talent?

A key factor in recent discussions on revitalising London’s place as a capital markets and financial services hub has been a renewed attention on executive compensation. Recent comments made by Julia Hoggett, the CEO of the...more

Goodwin

Overhaul of the UK Listing Regime Continues - A Consideration of the FCA’s Most Recent Proposals Which Are Most Relevant to Growth...

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On 3 May 2023, the UK Financial Conduct Authority (the “FCA”) published significant further proposals in a consultation paper (CP23/10) for reforming the UK listing regime....more

Cadwalader, Wickersham & Taft LLP

Malaysian Stock Exchange to Launch ESG-Reporting Platform

On March 22, 2023, Malaysian stock exchange Bursa Malaysia and the London Stock Exchange Group announced the development of a centralized ESG-reporting platform (Platform), due to launch in April 2023. The Platform has been...more

Goodwin

London’s Efforts to Facilitate Secondary Capital Raisings Continue: UK Pre-emption Group Issues Updated Statement of Principles

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On 4 November 2022, the Pre-Emption Group (“PEG”) published an updated Statement of Principles: Disapplying pre-emption rights reflecting certain recommendations of the UK Secondary Capital Raising Review (the “SCRR”) which...more

Goodwin

Efforts to Elevate London as a Listing Venue of Choice for Growth Companies Continue - Publication of the UK Secondary Capital...

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​​​​​​​The latest proposals for reforming the UK equity capital markets, in response to Lord Hill’s UK Listing Review of March 2021 (the Listing Review), have been announced following the publication of the UK Secondary...more

A&O Shearman

UK Prospectus Reform Inches Forward

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On March 1, 2022, HM Treasury published its conclusions on the consultation it launched in July 2021 on major reforms to the U.K.’s prospectus regime. That consultation followed on from Lord Hill’s Listing Review which made...more

Skadden, Arps, Slate, Meagher & Flom LLP

Wide-Ranging Reforms of UK Capital Markets: A Watershed Moment?

Takeaways - Responding to a decline in the London Stock Exchange’s global market share of IPOs and other fundraising, a string of government-commissioned reports prompted proposals to reform the U.K.’s listing rules and...more

Latham & Watkins LLP

China Securities Regulatory Commission Proposes Major Expansion of Shanghai London Stock Connect Programme

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The expansion would include Shenzhen Stock Exchange and potentially European stock exchanges, and would permit overseas issuers to raise capital in China through CDR listings. On 17 December 2021, the China Securities...more

Skadden, Arps, Slate, Meagher & Flom LLP

Proposed Rules May Attract More Companies With Dual-Class Share Structures to London Stock Exchange

London’s recent notable technology IPOs prove that European markets offer tech companies opportunities to achieve multibillion-dollar valuations and to meet their founders’ requirements. In an attempt to increase the number...more

Goodwin

UK Listings Review: Do New Recommendations Change The Game For Tech And Life Sciences Companies?

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The review of the UK Listing Rules was launched by HM Treasury (the Treasury) late last year and has made a number of wide-ranging recommendations of relevance for our tech and life sciences clients who have ambitions to go...more

Orrick, Herrington & Sutcliffe LLP

COVID-19 UK update: LSE publishes revised dividend timetable; Companies House announce extension to accounts filing

Dividend Timetable Revisions - On 25 March 2020, the LSE published Market Notice N07/20 which provides issuers with guidance in relation to payment dates under the 2020 Dividend Procedure timetable. This was in response to...more

Hogan Lovells

Which Market? Equity Capital Markets: (UPDATED)

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Guide to the eligibility requirements and continuing obligations of admitting securities to the UK's key equity capital markets. The UK has always been a popular destination for UK and overseas companies who are looking to...more

BCLP

Changes for SME Growth Markets

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On 11 December 2019, a Regulation amending the Market Abuse Regulation and the Prospectus Regulation was published. The aim of these amendments is to increase the attractiveness of SME Growth Markets by reducing some of the...more

Hogan Lovells

New guidance for Nomads on staffing

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New practical guidance for nominated advisers (Nomads) on the staffing of their corporate finance functions has been published by the London Stock Exchange (LSE) to enable Nomads to fulfil their obligations under the AIM...more

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