LR Resource Note—LR 5—Suspending, cancelling and restoring listing and reverse takeovers: All securities
LR Resource Note—LR 5—Suspending, cancelling and restoring listing and reverse takeovers: All securities

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • LR Resource Note—LR 5—Suspending, cancelling and restoring listing and reverse takeovers: All securities
  • Index
  • LR 5—Setting the scene
  • LR 5.1—Suspending listing
  • LR 5.1.2 G (4)—Examples of when FCA may suspend
  • LR 5.2.10 R (1)—Cancellation in relation to takeover offers
  • LR 5.2.11A R—Cancellation in relation to takeover offers: offeror interested in more than 50% of voting rights
  • LR 5.3.2 R (3)—Information to be included in request to suspend or cancel—schemes of arrangement
  • LR 5.3.6 G—Timing of cancellation request—schemes of arrangement
  • LR 5.4A.4 R—Shareholder approval required in certain cases
  • more

This Resource Note highlights relevant commentary, analysis and resources to assist with the interpretation of, and provide practical guidance on the application of, Chapter 5 of the Listing Rules (LR 5).

Materials covered in this Resource Note include, where relevant:

  1. the Financial Conduct Authority (FCA) Handbook

  2. FCA guidance in its Knowledge Base—Procedural notes and Technical notes which constitute formal guidance and are binding on the FCA (although these are based on the prospectus regime under the Prospectus Directive, the FCA states on its website that the guidance should be applied to prospectuses drawn up under the Prospectus Regulation to the extent compatible)

  3. FCA consultation papers, discussion papers, policy and feedback statements and warnings

  4. Primary Market Bulletins and other publications of the FCA

  5. former UKLA technical and procedural notes and the UKLA's newsletter List!, to provide the historical position regarding the development, interpretation or application of a provision

  6. relevant documents from the EU, including EU Directives, directly applicable EU Regulations and publications of the European Securities and Markets Authority (ESMA)

  7. Lexis PSL and LexisLibrary resources

Index

LR 5—Setting the scene

LR 5.1—Suspending listing

LR 5.1.2 G (4)—Examples of when FCA may suspend

LR 5.2.10 R (1)—Cancellation in relation to takeover offers

LR 5.2.11A R—Cancellation in relation to takeover offers: offeror interested in more than 50% of voting rights

LR 5.4A.4 R—Shareholder approval required in certain cases

LR 5.6.7