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Status: You are viewing the version of the handbook as on 2012-12-13.

LR TR 10 Transitional Provision in relation to new sponsor services

(1)

(2) Material to which the transitional provisions applies

(3)

(4) Transitional provision

(5) Transitional provision: dates in force

(6) Handbook provision: coming into force

1.

LR 5.6.6 R

R

(1) LR 5.6.6 R does not apply to an issuer with a premium listing.

(2) An issuer with a premium listing must contact the FSA as early as possible:

(a) before announcing a reverse takeover which has been agreed or is in contemplation, to discuss whether a suspension of listing is appropriate; or

(b) where details of a reverse takeover have leaked, to request a suspension.

From 1 October 2012 up to and including 30 December 2012

1 October 2012

2.

LR 5.6.13 R, LR 5.6.17 R, LR 5.6.26 R

R

An issuer with a premium listing is not required to comply with LR 5.6.13 R, LR 5.6.17 R or LR 5.6.26 R from 1 October 2012 to 30 December 2012.

From 1 October 2012 up to and including 30 December 2012

1 October 2012

3.

LR 13.5.27B R

R

(1) LR 13.5.27B R does not apply.

(2) Where a listed company proposes to rely on LR 13.5.27R (1)(b), it must submit to the FSA an assessment of the appropriateness of the standards applicable to an investment exchange or multilateral trading facility against the factors set out in LR 13.5.27AG (1) to LR 13.5.27AG (7) and any other factors that it considers should be noted. The assessment must be submitted before or at the time the listed company submits the draft class 1 circular.

From 1 October 2012 up to and including 30 December 2012

1 October 2012