Article summary
The Financial Conduct Authority (FCA) has issued a Decision Notice to Finablr plc refusing the company’s application for cancellation of its premium listing with reference to Listing Rule LR 5.2.7R. Having considered the facts of Finablr plc’s application and having regard to section 78A of the Financial Services and Markets Act 2000 and the relevant Listing Rules, the FCA says it is of the opinion that the application does not meet the conditions in the Listing Rules for cancelling the listing of its ordinary shares without a shareholder vote.
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