Capital Markets Group - PLC Update
Corporate governance seems to have been the main theme over the summer, with the publication of the new UK Corporate Governance Code and changes to the AIM Rules which will shortly require AIM companies to comply or explain against a recognised corporate governance code. These changes are considered in more detail in this update, along with other developments of note.
The update covers:
•New UK Corporate Governance Code published
•Guidance issued for AIM companies on the new requirement to comply or explain against recognised Corporate Governance Code
•New Guidance on FCA rules relating to the availability of information during the UK IPO process
•Increase in total size of public offers exempt from requirement to publish a prospectus
•New Premium Listing Category for Sovereign Controlled Companies (SCCs)
