The real-world impact will depend on how companies and investors respond, especially for those also marketing shares in the US, where a voluntary prospectus may still be required.
Alasdair Steele | CMS
Proposals aim to make prospectus regime more accessible and less burdensome for issuers, while opening new opportunities for retail investors.
Process and requirements for an AIM company to transfer listing to the ESCC category under new UK Listing Rules.
Changes have simplified and streamlined the new rules.
There’s a focus on the Controlling Shareholder Regime applicable to premium listed companies in the new ESCC listing category.
The changes represent a welcome overhaul of the current listing regime, with the aim of making UK equity capital markets more competitive and attractive to companies considering an IPO.