LR 8.5 Responsibilities of listed companies

A listed company or applicant must inform the FSA promptly of the name and contact details of asponsor appointed in accordance with the listing rules.

1. (1)

   A listed company or applicant must notify the FSA in writing immediately of the resignation or dismissal of any sponsor that it had appointed.

2. (2)

   In the case of a dismissal, the reasons for the dismissal must be included in the notification.

3. (3)

   The notification must be copied to the sponsor.

Where a listed company or applicant appoints more than one sponsor , the company must:

1. (1)

   ensure that one of the sponsors that is appointed:

   1. (a)

      takes primary responsibility for contact with the FSA in respect of the entire application or transaction; and

   2. (b)

      appoints a suitably experienced employee, whose name appears on the list described in LR 8.6.15 R to liaise with the FSA; and

2. (2)

   inform the FSA, in writing, of the name and contact details of the sponsor taking responsibility under LR 8.5.3R (1)(a).

The appointment of more than one sponsor does not relieve any of the sponsors so appointed of their obligations under the listing rules.