Information Dissemination And Disclosure By Listed Companies Flashcards
1
Q
What does it mean for a company to be listed on the London Stock Exchange with regards to information dissemination and disclosure?
A
- Agrees to abide by the continuing obligations of listed companies.
- Keeps the shareholders of these public companies properly informed.
2
Q
What are the three continuing obligations of LSE listed companies regarding information disclosure and dissemination?
A
- Submit drafts to the UK listing authority for approval of all meetings and all circulars to holders of securities.
- Disclose necessary information to ensure transparency, help investors assess the company, and prevent market manipulation.
- Release price sensitive information to the market immediately via RIS (regulatory information service) or PIP (primary information provider)