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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.

You are viewing the version of the document as on 2016-10-03.

Status: In this content, we have included all amendments made by EU exit-related instruments up to end September 2020. There will be more amendments to be made later this year, further to the September QCP.

LR 9.7A Preliminary statement of annual results, and statement of dividends3

Preliminary statement of annual results

LR 9.7A.1RRP

1If a listed company prepares a preliminary statement of annual results:

  1. (1)

    the statement must be published as soon as possible after it has been approved by the board;

  2. (2)

    the statement must be agreed with the company's auditors prior to publication;

  3. (3)

    the statement must show the figures in the form of a table, including the items required for a half-yearly report, consistent with the presentation to be adopted in the annual accounts for that financial year;

  4. (4)

    the statement must give details of the nature of any likely modification or emphasis-of-matter paragraph2 that may be contained in the auditors'2 report required to be included with the annual financial report; and

    2
  5. (5)

    the statement must include any significant additional information necessary for the purpose of assessing the results being announced.

Statement of dividends

LR 9.7A.2RRP

A listed company must notify a RIS as soon as possible after the board has approved any decision to pay or make any dividend or other distribution on listed equity or to withhold any dividend or interest payment on listed securities giving details of:

  1. (1)

    the exact net amount payable per share;

  2. (2)

    the payment date;

  3. (3)

    the record date (where applicable); and

  4. (4)

    any foreign income dividend election, together with any income tax treated as paid at the lower rate and not repayable.1

Omission of information

LR 9.7A.3GRP

The FCA may authorise the omission of information required by LR 9.7A.1 R or LR 9.7A.2 R if it considers that disclosure of such information would be contrary to the public interest or seriously detrimental to the listed company, provided that such omission would not be likely to mislead the public with regard to facts and circumstances, knowledge of which is essential for the assessment of the shares.1