LR 17.3 Requirements with continuing application

1. (1)

   An issuer must forward to the FCA for publication a copy7 of any document required by LR 17.3 or LR 17.4 at the same time the document is issued, by uploading it to the national storage mechanism7.

2. (2)

   An issuer must notify a RIS as soon as possible when a document has been forwarded to the FCA under paragraph (1) unless the full text of the document is provided to the RIS.

3. (3)

   A notification made under paragraph (2) must set out where copies of the relevant document can be obtained.

1. (1)

   An issuer'ssecurities must be admitted to trading on a RIE's market for listed securities at all times.

2. (2)

   An issuer must inform the FCA in writing without delay if it has:

   1. (a)

      requested a RIE to admit or re-admit any of its listed securities to trading; or

   2. (b)

      requested a RIE to cancel or suspend trading of any of its listed securities; or

   3. (c)

      been informed by a RIE that the trading of any of its listed securities will be cancelled or suspended.

LR 17.3.4 R to LR 17.3.6 G apply to an issuer that is not already required to comply with DTR 4.

1. (1)

   An issuer must publish its annual report and annual accounts as soon as possible after they have been approved.

   1
2. (2)

   An issuer must approve and publish its annual report and accounts within six months of the end of the financial period to which they relate.

3. (3)

   The annual report and accounts must:1

   1. (a)

      have been prepared in accordance with the issuer's national law and, in all material respects, with national accounting standards or UK-adopted IFRS5; and1

   2. (b)

      have been independently audited and reported on, in accordance with:

      1. (i)

         the auditing standards applicable in the United Kingdom5; or1

      2. (ii)

         an equivalent auditing standard.1

An issuer that is not already required to comply with the obligations under articles 17 and 18 of the Market Abuse Regulation4 must comply with those obligations4 as if it were an issuer for the purposes of articles 17 and 18 of the Market Abuse Regulation4 and the transparency rules, subject to article 22 of the Market Abuse Regulation4.

1An issuer that is not already required to comply with the transparency rules must comply with DTR 6.3 as if it were an issuer for the purposes of the transparency rules.

1. (1)

   6An issuer must comply with the requirements of LR 14.3.11AR to LR 14.3.11DR.

2. (2)

   For the purposes of this rule:

   1. (a)

      references to a company in LR 14.3.11AR to LR 14.3.11DR must be read as references to an issuer; and

   2. (b)

      references to listed shares in LR 14.3.11AR to LR 14.3.11DR must be read as references to listed securities.

An issuer must ensure that any circular it issues to holders of its listed securities about proposed amendments to a trust deed includes:

1. (1)

   an explanation of the effect of the proposed amendments; and

2. (2)

   either the full terms of the proposed amendments, or a statement that they will be available for inspection:

   1. (a)

      [deleted]7

   2. (b)

      at the place of the general meeting for at least 15 minutes before and during the meeting; and7

   3. (c)

      on the national storage mechanism.7

1. (1)

   An issuer must ensure that any circular it issues to holders of its listed securities relating to a resolution proposing to redeem listed securities before their due date for redemption includes:

   1. (a)

      an explanation of the reasons for the early redemption;

   2. (b)

      a statement of the market values for the securities on the first dealing day in each of the six months before the date of the circular and on the latest practicable date before sending the circular;

   3. (c)

      a statement of any interests of any director in the securities;

   4. (d)

      if there is a trustee, or other representative, of the holders of the securities to be redeemed, a statement that the trustee, or other representative, has given its consent to the issue of the circular or stated that it has no objection to the resolution being put to a meeting of the securities holders;

   5. (e)

      the timetable for redemption; and

   6. (f)

      an explanation of the procedure to be followed by the securities holders.

2. (2)

   The circular must not contain specific advice about whether or not to accept the proposal for redemption.

3. (3)

   The timetable for redemption in the circular must have been approved by the RIE on which the listed securities are traded.

An issuer must ensure that any definitive document of title for a security (other than a bearer security) includes the following matters on its face (or on the reverse in the case of paragraph (5)):

1. (1)

   the authority under which the issuer is constituted and the country of incorporation and registered number (if any);

2. (2)

   the number or amount of securities the certificate represents and, if applicable, the number and denomination of units (in the top right-hand corner);

3. (3)

   a footnote stating that no transfer of the security or any portion of it represented by the certificate can be registered without production of the certificate;

4. (4)

   if applicable, the minimum amount and multiples thereof in which the security is transferable; and2

5. (5)

   [deleted]2

   2
6. (6)

   the interest payable and the interest payment dates and on the reverse (with reference shown on the face) an easily legible summary of the rights as to redemption or repayment and (where applicable) conversion.