High-growth segment: new London Stock Exchange market now open
The London Stock Exchange (LSE) has announced that its new market segment aimed at fast-growing companies is now open for applications for admission to trading. The newly-formed High Growth Segment will present opportunities for both companies and investors alike.
On 27 March the LSE published its final rulebook for the High Growth Segment, the new segment of the Main Market designed to assist high-growth companies requiring further capital to continue their growth. This follows the Government’s announcement in September 2012 of its intention to make the UK a more attractive listing destination for fast-growing, high-tech companies.
The rulebook sets out the criteria to be met by companies seeking admission to the High Growth Segment. By featuring less stringent requirements than for admission to the Official List, particularly in respect of the number of shares required to be in public hands, the eligibility criteria reflect the LSE’s aim to provide companies with a transitional route to the Official List, and to help them prepare for the listed markets over time…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.
News from Shoosmiths
News from The Lawyer
Briefings from Shoosmiths
An employee or witness who is fearful of giving evidence as part of a disciplinary process can cause difficulties for an employer.
Damages recoverable from a tenant: the differences in England and Scotland.
Analysis from The Lawyer
Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future
There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…