Reformed and rebalanced: FCA publishes the final UK Listing Rules

The new UK Listing Rules, which have been published by the FCA today, will restructure the London listing landscape for equity issuers when they come into force on 29 July 2024. 

The single commercial companies regime contains reduced barriers to listing and fewer shareholder approval requirements than the current premium segment and will enable UK-listed issuers to be more competitive. 

There have been several relaxations from the draft rules proposed in CP 23/31, including institutional investors being permitted within dual class share structures (subject to a ten-year sunset) and simplified and more flexible disclosure requirements in relation to significant transactions.