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03 March 2021

IA comments on the outcome of the UK Listing Review


"The proposed reforms are an important first step to help re-energise capital markets and attract high-growth, innovative companies to set up, list, and grow their business operations in the UK, providing high value jobs that will benefit the economy."

Commenting on the outcome of Lord Hill's UK Listing Review, Chris Cummings said:

"The proposed reforms are an important first step to help re-energise capital markets and attract high-growth, innovative companies to set up, list, and grow their business operations in the UK, providing high value jobs that will benefit the economy. The much-needed rebranding of the standard listing segment and the review of the prospectus regime are important steps in achieving a modernised listings regime. We look forward to working with the government and regulator on the review’s proposal to allow dual class share structures and reduced free float in the premium segment, while ensuring there are appropriate investor protections for minority shareholders. The review should also ensure the UK is positioned as the leading global hub for sustainable investment, so those companies that list here deliver outstanding long-term returns for savers and investors." 


IA



© Investment Association


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