Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

Alternative versions

  3. Point in time
    2011-07-02

LR 13.1 Preliminary

Application

LR 13.1.1RRP

1This chapter applies to a company that has a premium listing2.

22

Listed company to ensure circulars comply with chapter

LR 13.1.2RRP

A listed company must ensure that circulars it issues to holders of its listed equity shares3 comply with the requirements of this chapter.

Incorporation by reference

LR 13.1.3RRP

Information may be incorporated in a circular by reference to relevant information contained in:

  1. (1)

    a prospectus or listing particulars; or

  2. (2)

    any other published document that has been filed with the FSA.

LR 13.1.4RRP

Information incorporated by reference must be the latest available to the listed company.

LR 13.1.5RRP

Information required by LR 13.3.1R (1) (2)must not be incorporated in the circular by reference to information contained in another document.

LR 13.1.6RRP

When information is incorporated by reference, a cross reference list must be provided in the circular to enable security holders to identify easily specific items of information. The cross reference list must specify where the information can be accessed by security holders.

Omission of information

LR 13.1.7GRP

4The FSA may authorise the omission of information required by LR 13.3 to LR 13.6, LR 13.8 and LR 13 Annex 1, if it considers that disclosure of that information would be contrary to the public interest or seriously detrimental to the listed company, provided that that 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 matter covered by the circular.

LR 13.1.8RRP

4A request to the FSA to authorise the omission of specific information in a particular case must:

  1. (1)

    be made in writing by the listed company;

  2. (2)

    identify the specific information concerned and the specific reasons for the omission; and

  3. (3)

    state why in the listed company's opinion one or more grounds in LR 13.1.7 G apply.