The reforms, revealed at this time (11 July), embrace the introduction of a single itemizing class and streamlined eligibility for firms seeking to checklist their shares within the UK.
Moreover, firms will not want shareholder votes on “important or associated celebration transactions and supply flexibility round enhanced voting rights”, the FCA defined.
Nonetheless, shareholder approval for key occasions, together with reverse takeovers and choices to delist, will stay.
FCA unveils listings regime proposals to simplify market entry for firms
The regulator stated the brand new framework m…