Commercial company
1. Treasury - corporate finance - listed companies - UK - London Stock Exchange (LSE) - Financial Conduct Authority (FCA) - UK Listing Rules (UKLR).
For the purposes of the UK Listing Rules (UKLR), Commercial company with equity shares is a broad category of listed companies that combines the former Premium and Standard Listing segments.
The intention is to simplify the requirements for listed companies, and - with appropriate safeguards - reduce the compliance and cost burdens on companies.
- New UK listing regime is more disclosure-based
- "Our final rules for the new listing regime confirm a shift to a more disclosure-based
approach, putting information in the hands of investors so they can make informed decisions.
- They remove barriers for listed companies by no longer imposing shareholder
votes on significant and related party transactions, provide more flexibility on enhanced voting structures, and create a single, simpler equity listing category for commercial companies.
- At the same time, important protections have been retained, for example
shareholder votes for reverse takeovers and cancellations of listings.
- We have kept in mind that investors already choose to put their money in companies listed outside the UK, where the costly obligations we are removing do not exist.
- We believe institutional investors have the ability and heft to steer the companies they co-own.
- What’s more, evidence does not suggest that UK-listed companies are valued more highly by investors because of the current regime.
- Our reforms emphasise the choices available to investors and companies, rather than the regulator making prescriptive, one-size-fits-all decisions.
- These reforms may mean investors change how they engage with companies, making more use of shareholder rights at law and other mechanisms to scrutinise boards and business strategies."
- Primary Markets Effectiveness Review - FCA - July 2024.
2. Treasury - corporate finance.
A company established to run a profit-seeking business.
See also
- Business
- Commerce
- Commercial
- Commercial bank
- Commercial credit risk
- Commercial drive and organisation
- Commercial finance
- Commercial paper
- Commercial real estate
- Commercial risk
- Company
- Compliance
- Corporate finance
- De-listing
- Disclosure
- Equity
- Financial Conduct Authority (FCA)
- Institutional investor
- Investor
- Jurisdiction
- Law
- Listed company
- Listing
- London Stock Exchange
- Nonprofit
- Premium Listing
- Primary market
- Regime
- Regulator
- Related party transaction
- Reverse takeover
- Rules
- Security
- Share
- Shareholder
- Significant transaction
- Standard Listing
- Stock
- Stock exchange
- Treasury
- UK Listing Rules (UKLR)
