UKLR 1.1 Introduction
Application
[Note: The following table provides a general indication of which chapters in UKLR are relevant to applicants, issuers, listed companies, sponsors and persons applying to be sponsors. The table does not provide definitive guidance as to the provisions which will be relevant to a particular person, nor does it take account of exceptions that may apply in respect of particular persons.]
UKLR 1 – Preliminary: all securities |
Applies to all issuers, sponsors and persons applying for approval as a sponsor. |
UKLR 2 – Listing Principles |
Applies to all listed companies. |
UKLR 3 – Requirements for listing: all securities |
Applies to all applicants for admission to listing unless a rule is specified only to apply to a particular type of applicant or security. |
UKLR 4 – Sponsors: responsibilities of issuers |
Applies to issuers with a listing and applicants for admission to listing in the equity shares (commercial companies) category, the closed-ended investment funds category or the equity shares (shell companies) category. |
UKLR 5 – Equity shares (commercial companies): requirements for admission to listing |
Applies to applicants for admission to listing in the equity shares (commercial companies) category. |
UKLR 6 – Equity shares (commercial companies): continuing obligations |
Applies to companies with a listing in the equity shares (commercial companies) category. |
UKLR 7 – Equity shares (commercial companies): significant transactions and reverse takeovers |
Applies to companies with a listing in the equity shares (commercial companies) category. |
UKLR 8 – Equity shares (commercial companies): related party transactions |
Applies to companies with a listing in the equity shares (commercial companies) category. |
UKLR 9 – Equity shares (commercial companies): further issuances, dealing in own securities and treasury shares |
Applies to companies with a listing in the equity shares (commercial companies) category. |
UKLR 10 – Equity shares (commercial companies): contents of circulars |
Applies to companies with a listing in the equity shares (commercial companies) category. |
UKLR 11 – Closed-ended investment funds: requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the closed-ended investment funds category. |
UKLR 12 – Open-ended investment companies: requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the open-ended investment companies category. |
UKLR 13 – Equity shares (shell companies): requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the equity shares (shell companies) category. |
UKLR 14 – Equity shares (international commercial companies secondary listing): requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the equity shares (international commercial companies secondary listing) category. |
UKLR 15 – Certificates representing certain securities (depositary receipts): requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the certificates representing certain securities category. |
UKLR 16 – Non-equity shares and non-voting equity shares: requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the non-equity shares and non-voting equity shares category. |
UKLR 17 – Debt and debt-like securities: continuing obligations |
Applies to issuers with a listing in the debt and debt-like securities category. |
UKLR 18 – Securitised derivatives: requirements for listing and continuing obligations |
Applies to issuers with a listing and applicants for admission to listing in the securitised derivatives category. |
UKLR 19 – Warrants, options and other miscellaneous securities: continuing obligations |
Applies to issuers with a listing in the warrants, options and other miscellaneous securities category. |
UKLR 20 – Admission to listing: processes and procedures |
Applies to applicants for admission to listing. |
UKLR 21 – Suspending, cancelling and restoring listing and transfer between listing categories: all securities |
Applies to all issuers. |
UKLR 22 – Equity shares (transition): continuing obligations |
Applies to companies with a listing in the equity shares (transition) category. |
UKLR 23 – Listing particulars for professional securities market and certain other securities: all securities |
Applies to applicants for admission to listing which are required to prepare listing particulars. |
UKLR 24 – Sponsors |
Applies to sponsors and persons applying for approval as a sponsor. |
[Note: Other parts of the Handbook that may also be relevant to issuers or sponsors include the Disclosure Guidance and Transparency Rules sourcebook (DTR), the Prospectus Regulation Rules sourcebook (PRR), the Conduct of Business sourcebook (COBS), the Decision Procedure and Penalties manual (DEPP), Chapter 9 of the Supervision manual (SUP) and General Provisions (GEN).
The Enforcement Guide (EG) may also be relevant to issuers or sponsors.]