New London Stock Exchange high-growth segment
On 27 March 2013, the London Stock Exchange (LSE) announced the launch of its high-growth segment of the main market and published the final rulebook for the segment.
Last month, we reported on the LSE’s proposals to introduce a new segment to the Main Market specifically designated for high growth, UK and European businesses that require access to further capital and growth opportunities on the Main Market.
On 13 February, the LSE published a draft rulebook on the new market for consultation. Whilst the LSE states that the responses they had received during consultation were supportive of the objectives of the new segment, there were a few issues raised on certain aspects of the proposed rules and framework. The LSE responded to these issues in its feedback statement which was published alongside the final rulebook…
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