Overseas companies—options for a public offer of securities in the United Kingdom
Produced in partnership with Danette Antao of Hogan Lovells and Maegen Morrison of Hogan Lovells

The following Corporate practice note produced in partnership with Danette Antao of Hogan Lovells and Maegen Morrison of Hogan Lovells provides comprehensive and up to date legal information covering:

  • Overseas companies—options for a public offer of securities in the United Kingdom
  • Main stock market options for overseas companies
  • Shares or depositary receipts?
  • Main Market
  • Why choose the Main Market?
  • Applicable rules
  • Key eligibility requirements
  • Key continuing obligations
  • High Growth Segment
  • Why choose the HGS ?
  • More...

Overseas companies—options for a public offer of securities in the United Kingdom

The UK has long been a popular destination for both UK and overseas companies looking to raise finance on a public securities market. Trading on a UK stock market allows a company to:

  1. access a wide investor base

  2. raise its international profile, and

  3. provide internationally recognised protections for its shareholders

Once an overseas company has made the important decision to grow its business and trade its securities on a UK market, it must consider a number of factors in respect of each market, eg a more established and larger company may be willing to take on the cost of more regulation in order to reap the benefits of listing on a larger market (possibly with the benefit of FTSE inclusion) whereas a smaller company may not be able to meet the costs of heavy regulation and may need to raise capital on a less regulated market to grow its business.

The UK listing and prospectus regimes are the subject of major consultations issued by the FCA and the Treasury following the publication of Lord Hill’s UK Listing Review report on 3 March 2021 and aim to make London more attractive for companies seeking to list. The outcome of the consultations will have an impact on the contents of this Practice Note. For more information see

Popular documents