Understanding the intricacies of transactions on the Main Market is made easier with our comprehensive guidance. Our resources provide expert insights, practical tools, and detailed analysis specifically designed for legal teams specialising in corporate finance. Stay informed with the latest regulatory updates, best practices, and strategic advice to effectively manage public offerings, listings, and compliance requirements on the Main Market.
The European Central Bank (ECB) has published a report on Facilitating the exercise of investor rights: Measures to contribute to a Savings and...
Dispute Resolution analysis: The Court of Appeal considered when a director’s pursuit of corporate opportunities after the breakdown of a...
The Department for Business and Trade (DBT) has published its third annual progress report on the implementation and operation of Parts 1–3 of the...
This week's edition of Corporate weekly highlights includes: Companies House's account filing reforms under ECCTA 2023, CGI's updated guidance on...
Separate legal personality and the corporate veilCorporate legal personality—the Salomon principleA properly formed registered company is a separate...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Allotment and issue of shares—fundamentalsSTOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which...
Private companies limited by sharesThis Practice Note summarises the main features of a private company limited by shares. It also covers key...
When is a private company allowed to offer shares to the public? Would an offer to several investors or a group of high net worth individuals be construed as an offer to the public?Prohibition of public offers by private company (Companies Act 2006, Part 20, Chapter 1)Under section 755(1) of the
What is a retail offer in the context of an IPO or secondary offer?A retail investor is an individual investor who buys and sells shares for their own account. Retail investors typically invest in small amounts of shares and trade infrequently. A retail investor can be distinguished from an
Intention to float announcements in Main Market and AIM IPOsWhat is an intention to float announcement?An intention to float announcements (ITF) is generally the first announcement to the public by an issuer of its proposed initial public offer (IPO). Issuing an ITF is not a legal requirement but
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
0330 161 1234