Approved Sponsor

Public limited company (PLC) seeking listing in the Stock Exchange Market must use an Approved Sponsor registered with Financial Services Authority to handle your listing application with the UK Listing Authority namely the London Stock Exchange.

Approved Sponsor must be a person or a firm with relevant knowledge and qualifications to undertake your PLC listing representation. He or the firm must

  • be an authorized person or a member of a designated professional body.
  • Be competent to provide a sponsor service per Listing Rule 8.
  • Have systems and controls in place to carry out the role as a Sponsor per the Listing Rule 8.

The role of your sponsor is to ensure your PLC comply with the listing rules. They also provide guidance throughout your PLC flotation period. Your approved sponsor work closely with FCA too.

Your Sponsor must have good knowledge of the Companies Act apply to a public limited company. For examples, a PLC cannot file unaudited company accounts. Know what information is important when comes to filing the confirmation statement and so on.

You may contact the Financial Conduct Authority for a list of sponsors if you are considering listing your public limited company at the London Stock Exchange.

2 Comments

  1. Sonia Wong Author October 26, 2019 (2:42 am)

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    Reply to Sonia Wong
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