A company with, or applying for, a premium listing of its equity shares5 must appoint a sponsor on each occasion that it:4
-
(1)
is required to submit any of the following documents to the FCA in connection with6 an application for admission of equity shares5 to premium listing6:
66- (a)
a prospectus, supplementary prospectus7 or equivalent document1; or
6 - (b)
a certificate of approval from another competent authority; or
6 - (c)
a summary document as required by PR 1.2.3R (8); or
6 - (d)
listing particulars referred to in LR 15.3.3 R or LR 16.3.4 R or supplementary listing particulars7; or2
66
- (a)
-
(2)
is required to submit to the FCA6 a class 1 circular for approval6; or
6 -
(3)
is required to submit to the FCA6 a circular that proposes a reconstruction or a refinancing which is required by LR 9.5.12 R to include a working capital statement6; or
6 -
(4)
is required to submit to the FCA6a circular for the proposed purchase of own shares: which is required by LR 13.7.1R (2) to include a working capital statement; or6
[Note: This does not include a circular issued by a closed-ended investment company.]6
-
(5)
is required to do so by the FCA because it appears to the FCA that there is, or there may be, a breach of the listing rules,6 the disclosure rules or the6transparency rules43
6432by the listed company; or6
6 -
(6)
6is required by LR 11.1.10R (2)(b) to provide the FCA with a confirmation that the terms of the proposed related party transaction are fair and reasonable; or
-
(7)
6is required to submit to the FCA a related party circular which is required by LR 13.6.1R (5) to include a statement by the board that the transaction or arrangement is fair and reasonable; or
-
(8)
6is required by LR 8.4.3R (4) to submit to the FCA a letter from a sponsor in relation to the applicant's eligibility; or
-
(9)
6is required to make an announcement or request a suspension in connection with a reverse takeover under LR 5.6.6 R; or
-
(10)
6provides to the FCA a disclosure regime confirmation in connection with a reverse takeover under LR 5.6.12 G (1); or
-
(11)
6makes a disclosure announcement in connection with a reverse takeover under LR 5.6.15 G that contains a declaration described in LR 5.6.15 G (3) or LR 5.6.15 G (4); or
-
(12)
6submits to the FCA a letter in relation to the issuer's eligibility in connection with a reverse takeover under LR 5.6.23 G (2); or
-
(13)
6provides confirmation to the FCA of its severe financial difficulty for the purposes of LR 10.8.3G (2); or
-
(14)
6is required to provide an assessment of the appropriateness of an investment exchange or multilateral trading facility under LR 13.5.27B R.