Placing agreement—Main Market
Published by a LexisNexis Corporate expert
Last updated on 28/07/2020

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

  • Placing agreement—Main Market
  • recitals
  • 1 Definitions and interpretation
  • 2 Conditions
  • 3 Appointment of the Sponsor
  • 4 Obligations of the Company and the Directors
  • 5 The Placing
  • 6 Allotment
  • 7 Payment
  • 8 Commissions, fees and expenses
  • More...

Placing agreement—Main Market

This Agreement is made on [insert day and month] 20[insert year]

Parties

  1. 1

    [insert name of company] a company incorporated in [England and Wales] under number [insert company number] whose registered office is at [insert address] (Company);

  1. 2

    [insert name of the sponsor/broker] [a company OR an LLP] incorporated in [England and Wales] under number [insert company or LLP number] whose registered office is at [insert address] (Sponsor); and

  1. 3

    the persons whose names and addresses are set out in Schedule 1 (the Directors).

recitals

    1. (A)

      The Company was incorporated under the Companies Act [insert relevant year] as a [public OR private] company limited by shares under registered number [insert registered number] on [insert date] under the name [insert name of Company on incorporation]. [On [insert date] the Company [re-registered as a public company limited by shares and ]changed its name to [insert new name of Company].]

    1. (B)

      [A certificate permitting the Company to do business and exercise any borrowing powers was issued by the Registrar of Companies pursuant to section 761 of the Companies Act 2006 on [insert date].]

    1. (C)

      As at the date of this agreement the Company has [an authorised share capital of £[insert amount] divided into [insert number] ordinary shares of [insert nominal value of a share] pence each, [insert number] of which are issued and fully paid OR an issued share capital of

Related documents:
Key definition:
Main Market definition
What does Main Market mean?

The main market for listed securities of the stock-exchange'>London Stock Exchange. The Main Market is a UK regulated market and has several segments: the Premium and Standard listing segments (for securities admitted to the Official List), the Specialist Fund Segment, the High Growth Segment and the Shanghai-London Stock Connect Segment. Companies wishing to have their shares admitted to trading on the Main Market will have to comply with the LSE’s Admission and Disclosure Standards.

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