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LR 7.1 Application and purpose

Application

LR 7.1.1R
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  1. (1)

    The Listing Principles in LR 7.2.1 R apply to every listed company in respect of all its obligations arising from the listing rules, disclosure requirements6, transparency rules and corporate governance rules.5

  2. (2)

    In addition to the Listing Principles referred to in (1), the Premium Listing Principles in LR 7.2.1A R apply to every listed company with a premium listing of equity shares in respect of all its obligations arising from the listing rules, disclosure requirements6, transparency rules and corporate governance rules.5

Purpose

LR 7.1.2G

The purpose of the Listing Principles and the Premium Listing Principles5 is to ensure that listed companies pay due regard to the fundamental role they play in maintaining market confidence and ensuring fair and orderly markets.

LR 7.1.3G

The Listing Principles and, if applicable, the Premium Listing Principles5 are designed to assist listed companies in identifying their obligations and responsibilities under the listing rules, disclosure requirements6, transparency rules and corporate governance rules.5 The Listing Principles and Premium Listing Principles5 should be interpreted together with relevant rules and guidance which underpin the Listing Principles and the Premium Listing Principles.5

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LR 7.1.4G

DEPP 6 (Penalties) and EG 72 set out guidance on the consequences of breaching a Listing Principle or, if applicable, a Premium Listing Principle.5

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