Related provisions for LR 14.2.3

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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004 (From field only).

LR 6.14.5GRP
(1) 1The FCA may modify LR 6.14.1R to accept a percentage lower than 25% if it considers that the market will operate properly with a lower percentage in view of the large number of shares of the same class and the extent of their distribution to the public. [Note: article 48 of the CARD] (2) In considering whether to grant a modification, the FCA may take into account the following specific factors:(a) shares of the same class that are held (even though they are not listed) in