Premium Listing - Revision history

Doug: Add link.

2024-08-04T22:55:20Z

Add link.

← Older revision		Revision as of 22:55, 4 August 2024
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	* [[Treasury]]		* [[Treasury]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]
			* [[UK Listing Rules]] (UKLR)

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

Doug: Layout.

2024-08-04T22:48:33Z

Layout.

← Older revision		Revision as of 22:48, 4 August 2024
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	== See also ==		== See also ==
	* [[Commercial company]]		* [[Commercial company]]
			* [[Corporate finance]]
	* [[Cost of capital]]		* [[Cost of capital]]
	* [[Equity]]		* [[Equity]]
	* [[Financial Conduct Authority]]		* [[Financial Conduct Authority]]
	* [[Investor relations]]		* [[Investor relations]]
			* [[Listed company]]
	* [[Listing]]		* [[Listing]]
	* [[Listing particulars]]		* [[Listing particulars]]
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	* [[Standard Listing]]		* [[Standard Listing]]
	* [[Transparency]]		* [[Transparency]]
			* [[Treasury]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

Doug: Update for merger into Commercial company category.

2024-08-04T22:43:35Z

Update for merger into Commercial company category.

← Older revision		Revision as of 22:43, 4 August 2024
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	''London Stock Exchange.''		''Treasury - corporate finance - listed companies - UK - London Stock Exchange.''

	A Premium Listing on the London Stock Exchange ~~is only available to equity shares issued by trading companies and closed and open-ended investment entities~~.		A Premium Listing was a former category of listing on the London Stock Exchange.

	~~Issuers with a~~ Premium Listing ~~are required to meet the UK’s super-equivalent rules~~, ~~which are higher than the EU minimum requirements~~ for ~~a Standard Listing~~.		The former Premium and Standard Listing segments were removed with effect from 28 July 2024, and replaced by a new commercial companies category for equity shares.


	A Premium Listing ~~means~~ the company is expected to meet the ~~UK’s~~ highest standards of regulation and corporate governance.		The idea of a Premium Listing was that the premium-listed company was expected to meet the very highest standards of regulation and corporate governance, higher than those for other listed companies. The thinking was that, as a consequence, the company might enjoy a lower cost of capital, through greater transparency and through building investor confidence.

	As a consequence the company ~~may~~ enjoy a lower cost of capital, through greater transparency and through building investor confidence.


	~~:<span style="color:#4B0082">'''''Climate risk disclosures'''''</span>~~

	~~:"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.~~

	:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).

	~~:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule published in the spring of 2022."~~

	~~:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.''~~


	== See also ==		== See also ==
			* [[Commercial company]]
	* [[Cost of capital]]		* [[Cost of capital]]
	* [[Equity]]		* [[Equity]]
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	* [[Listing Rules]]		* [[Listing Rules]]
	* [[London Stock Exchange]]		* [[London Stock Exchange]]
	* [[Main Market]]
	* [[Premium]]		* [[Premium]]
	* [[Standard Listing]]		* [[Standard Listing]]
	* [[Task Force on Climate-related Financial Disclosures]]
	* [[The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022]] - UK
	* [[Transparency]]		* [[Transparency]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Layout.

2022-12-23T21:42:36Z

Layout.

← Older revision		Revision as of 21:42, 23 December 2022
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	Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.		Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.


	A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance.		A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance.
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	* [[Standard Listing]]		* [[Standard Listing]]
	* [[Task Force on Climate-related Financial Disclosures]]		* [[Task Force on Climate-related Financial Disclosures]]
			* [[The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022]] - UK
	* [[Transparency]]		* [[Transparency]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Layout.

2021-03-11T11:21:55Z

Layout.

← Older revision		Revision as of 11:21, 11 March 2021
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	:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).		:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).

	:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule ~~will be~~ published in the spring of 2022. "		:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule published in the spring of 2022."

	:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.''		:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.''

imported>Doug Williamson: Add quote. Source: ACT ESG blog 19 Feb 2021 https://www.treasurers.org/hub/blog/ESG/Update-February-2021

2021-03-11T10:57:46Z

Add quote. Source: ACT ESG blog 19 Feb 2021 https://www.treasurers.org/hub/blog/ESG/Update-February-2021

← Older revision		Revision as of 10:57, 11 March 2021
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	As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence.		As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence.


			:<span style="color:#4B0082">'''''Climate risk disclosures'''''</span>

			:"The Financial Conduct Authority (FCA) implemented a new Listing Rule applicable to premium listed commercial companies designed to help users understand how they are managing climate-related risks.

			:The new Rule (LR 9.8.6(8)) does this by requiring disclosures in annual reports consistent with the recommendations and recommended disclosures of the Task Force on Climate-related Disclosures (TCFD).

			:The Rule will apply to accounting periods beginning on or after 1 January 2021 with the first annual financial reports under the new rule will be published in the spring of 2022. "

			:''ACT blog, 19 February 2021 - Naresh Aggarwal, Associate Director, Policy & Technical.''


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	* [[Cost of capital]]		* [[Cost of capital]]
	* [[Equity]]		* [[Equity]]
			* [[Financial Conduct Authority]]
	* [[Investor relations]]		* [[Investor relations]]
	* [[Listing]]		* [[Listing]]
	* [[Listing particulars]]		* [[Listing particulars]]
			* [[Listing Rules]]
	* [[London Stock Exchange]]		* [[London Stock Exchange]]
	* [[Main Market]]		* [[Main Market]]
	* [[Premium]]		* [[Premium]]
	* [[Standard Listing]]		* [[Standard Listing]]
			* [[Task Force on Climate-related Financial Disclosures]]
	* [[Transparency]]		* [[Transparency]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Clarify investor relations perspective.

2018-09-02T16:27:39Z

Clarify investor relations perspective.

← Older revision		Revision as of 16:27, 2 September 2018
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	''London Stock Exchange''		''London Stock Exchange.''

	A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.		A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.
Line 5:		Line 5:
	Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.		Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.

	A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance ~~– and as~~ a consequence may enjoy a lower cost of capital through greater transparency and through building investor confidence.		A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance.

			As a consequence the company may enjoy a lower cost of capital, through greater transparency and through building investor confidence.


Line 11:		Line 13:
	* [[Cost of capital]]		* [[Cost of capital]]
	* [[Equity]]		* [[Equity]]
			* [[Investor relations]]
			* [[Listing]]
			* [[Listing particulars]]
	* [[London Stock Exchange]]		* [[London Stock Exchange]]
	* [[Listing particulars]]
	* [[Main Market]]		* [[Main Market]]
			* [[Premium]]
	* [[Standard Listing]]		* [[Standard Listing]]
			* [[Transparency]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]

			[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Link with Main Market.

2017-09-13T10:14:01Z

Link with Main Market.

← Older revision		Revision as of 10:14, 13 September 2017
Line 13:		Line 13:
	* [[London Stock Exchange]]		* [[London Stock Exchange]]
	* [[Listing particulars]]		* [[Listing particulars]]
			* [[Main Market]]
	* [[Standard Listing]]		* [[Standard Listing]]
	* [[UK Corporate Governance Code]]		* [[UK Corporate Governance Code]]

imported>Doug Williamson: Layout.

2017-09-09T14:37:34Z

Layout.

← Older revision		Revision as of 14:37, 9 September 2017
Line 3:		Line 3:
	A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.		A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.

	Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules which are higher than the EU minimum requirements.		Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules, which are higher than the EU minimum requirements for a Standard Listing.

	A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance – and as a consequence may enjoy a lower cost of capital through greater transparency and through building investor confidence.		A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance – and as a consequence may enjoy a lower cost of capital through greater transparency and through building investor confidence.

imported>Doug Williamson: Create page. Source: Premium listing page.

2017-09-09T10:09:41Z

Create page. Source: Premium listing page.

New page

''London Stock Exchange''

A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.

Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules which are higher than the EU minimum requirements.

A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance – and as a consequence may enjoy a lower cost of capital through greater transparency and through building investor confidence.

== See also ==
* [[Cost of capital]]
* [[Equity]]
* [[London Stock Exchange]]
* [[Listing particulars]]
* [[Standard Listing]]
* [[UK Corporate Governance Code]]