Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

LR 6.1 Application

LR 6.1.1RRP

This chapter applies to an applicant for the admission of equity shares to premium listing (commercial company) except where:11

  1. (1)

    the applicant meets the following conditions:11

    1. (a)

      it has an existing premium listing (commercial company) of equity shares;11

    2. (b)

      it is applying for the admission of equity shares of the same class as the shares that have been admitted to premium listing; and11

    3. (c)

      it is not entering into a transaction classified as a reverse takeover; or11

  2. (2)

    the following conditions are met:11

    1. (a)

      a company has an existing premium listing (commercial company) of equity shares; 11

    2. (b)

      the applicant is a new holding company of the company in (a); and 11

    3. (c)

      the company in (a) is not entering into a transaction classified as a reverse takeover.11

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Applicant must satisfy requirements in this chapter

LR 6.1.2GRP

An applicant to whom this chapter applies must satisfy the requirements in this chapter (in addition to those in LR 2).11

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