77 Discontinuance and suspension of listing
77 Discontinuance and suspension of listing

(1)     The [FCA] may, in accordance with listing rules, discontinue the listing of any securities if satisfied that there are special circumstances which preclude normal regular dealings in them.

(2)     The [FCA] may, in accordance with listing rules, suspend the listing of any securities.

[(2A)     The [FCA] may discontinue under subsection (1) or suspend under subsection (2) the listing of any securities on its own initiative or on the application of the issuer of those securities.]

(3)     If securities are suspended under subsection (2) they are to be treated, for the purposes of [section 96 and paragraph 23(6) of Schedule 1ZA], as still being listed.

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