4. Applications to LSE and FCA

Question 1

Application to FCA

Answer 1

For admission to the Official List

This application is made in compliance with the LRs, in particular Chapter 3 of the LRs, which deals with the procedure for applying for a listing. As described in paragraph 3.1.3, a company is required to appoint a sponsor in connection with the application and the sponsor is responsible for ensuring that the company and its directors understand their obligations and commitments in connection with the listing.

Question 2

Application to LSE

Answer 2

For admission to trading

This application is made in compliance with the LSE’s Admission and Disclosure Standards. Whilst the LSE does not require the appointment of a sponsor for this application, it recommends that a company nominates a representative to assist with the application. In practice, the sponsor appointed for the purposes of the LRs will perform this role. The admissions to trading and to listing will become effective simultaneously once both applications have been successfully processed and the decision to admit the company to listing and trading has been announced to an RIS (LR 3.2.7G).