LR 21.4 Continuing obligations: Equity shares

1A listed company must comply with:

1. (1)

   LR 9 (Continuing obligations) subject to the modifications and additional requirements set out in LR 21.4.2G to LR 21.4.4R;

2. (2)

   LR 10 (Significant transactions: Premium listing);

3. (3)

   LR 12 (Dealing in own securities and treasury shares: Premium listing); and

4. (4)

   LR 13 (Contents of circulars: Premium listing) subject to the modifications set out in LR 21.4.3R.

1For the purposes of LR 21.4.1R(1) and LR 21.4.1R(4), references to controlling shareholder must be read as excluding a sovereign controlling shareholder in, or for the purposes of, the following:

1. (1)

   LR 9.2.2ABR and LR 9.2.2ACG;

2. (2)

   LR 9.2.2ADR(1);

3. (3)

   LR 9.2.2BR;

4. (4)

   LR 9.2.2CR;

5. (5)

   LR 9.2.2GR and LR 9.2.2HG;

6. (6)

   LR 9.8.4 R(11);

7. (7)

   LR 9.8.4R(14); and

8. (8)

   LR 13.8.18R

1For the purposes of LR 21.4.1R(1):

1. (1)

   in the second sentence of LR 9.2.21R the reference to the provisions of LR 5.4A.4R(3)(b)(ii) and LR 5.4A.4R(3)(c)(ii) must be read as a reference to the provisions of LR 5.4A.4R(3)(d)(ii);

2. (2)

   in LR 9.2.26G the reference to LR 9.2 must be read as a reference to LR 9.2 as modified by LR 21.4; and

3. (3)

   in LR 9.8.4CR the reference to LR 9.8.4R must be read as a reference to LR 9.8.4R as modified by LR 21.4.3R.

1A listed company must at all times have a sovereign controlling shareholder.

1To comply with LR 21.4.6R, a State which is a sovereign controlling shareholder must be either:

1. (1)

   recognised by the government of the UK as a State; or

2. (2)

   the UK.

1A listed company must notify the FCA without delay if it no longer complies with the continuing obligation set out in LR 21.4.6R.