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Listing applications and cancellations | FCA

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<div class="views-element-container form-group"><div class="megamenu-promo view view-megamenu-promo-content view-id-megamenu_promo_content view-display-id-block js-view-dom-id-3e3d1d4151659fd32b65c141f1cb85b995c5739c3a2e0d5d60f7524e3dae8812"> <h3 class="promo-block__title heading__underline">Contact us</h3> <div class="view-content"> <div class="views-row"><div class="promo-block__copy"><p>Get in touch by phone, via our online form, or by post:</p> <p>&nbsp;</p> <p>Financial Conduct Authority<br> 12 Endeavour Square<br> London E20 1JN</p> <p>&nbsp;</p> </div><a href="/contact" class="promo-block__read-more btn btn--arrow-right" aria-label="Contact us - Contact us">Contact us</a></div> </div> </div> </div> <div class="megamenu-categories"> <div class="megamenu-category col-sm-4 col-lg-4"><h4 class="menu__heading heading__underline"><span class="no-link">What we do</span></h4><div class="view view-megamenu-block-items view-id-megamenu_block_items view-display-id-default 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js-view-dom-id-907b4fca597251ad79e0fe8d06a7f47443787c2fe16934bd1b01efb197b54efa"> <div class="view-content"> <div class="item-list"> <ul> <li class="menu--item"><a href="/about/how-we-operate/complain-about-regulators" hreflang="en">Complain about us, the PRA or the Bank of England (the regulators)</a></li> <li class="menu--item"><a href="/about/how-we-operate/corporate-responsibility" hreflang="en">Corporate responsibility</a></li> <li class="menu--item"><a href="/about/how-we-operate/diversity-equity-inclusion" hreflang="en">Diversity, equity and inclusion</a></li> <li class="menu--item"><a href="/about/how-we-operate/environmental-sustainability" hreflang="en">Environmental sustainability</a></li> <li class="menu--item"><a href="/about/how-we-operate/who-work-with" hreflang="en">Who we work with</a></li> </ul> </div> </div> </div> </div> <div class="megamenu-category col-sm-4 col-lg-4"><h4 class="menu__heading heading__underline"><span class="no-link">Who we are</span></h4><div class="view view-megamenu-block-items view-id-megamenu_block_items view-display-id-default js-view-dom-id-4c39eb8914ff5dac45be24522f8123e145db662c6ce123605cb96a2d4713f92d"> <div class="view-content"> <div class="item-list"> <ul> <li class="menu--item"><a href="/about/who-we-are/chair" hreflang="en">Chair</a></li> <li class="menu--item"><a href="/about/who-we-are/chief-executive" hreflang="en">Chief Executive</a></li> <li class="menu--item"><a href="/about/who-we-are/committees" hreflang="en">Committees</a></li> <li class="menu--item"><a href="/about/who-we-are/executive-committees" hreflang="en">Executive committees</a></li> <li class="menu--item"><a href="/about/who-we-are/fca-board" hreflang="en">FCA Board</a></li> </ul> </div> </div> </div> </div> <div class="megamenu-category col-sm-4 col-lg-4"><h4 class="menu__heading heading__underline"><span class="no-link">Join us</span></h4><div class="view view-megamenu-block-items view-id-megamenu_block_items view-display-id-default js-view-dom-id-8ddc3b14c665712ddbe1e97395ef7f89975a84e5394317a5f8be697298fb019c"> <div class="view-content"> <div class="item-list"> <ul> <li class="menu--item"><a href="/careers-home" hreflang="en">Careers home</a></li> <li class="menu--item"><a href="/careers/early-careers" hreflang="en">Early careers</a></li> <li class="menu--item"><a href="/careers/experienced-professionals" hreflang="en">Experienced professionals</a></li> </ul> </div> </div> </div> </div> </div> <div class="views-element-container form-group"><div class="megamenu-footer view view-megamenu-footer view-id-megamenu_footer view-display-id-block js-view-dom-id-37fcbb86608aa6411190b42e5f0a70e7e1b0dc5355cd29b2b0110ef06b5d1ea5"> </div> </div> <button tabindex="0" aria-label="Close menu link" class="megamenu__close btn--close text-hide hidden-xs js-megamenu-close">Close menu</button> </div> </div> </div> </div> </li> <li class="tb-megamenu-item level-1 mega dropdown col-xs-12 col-sm-2 mega-menu__level-one-item mega-menu__firms"> <a href="/firms" class="dropdown-toggle mega-menu__level-one-link" data-drupal-link-system-path="node/2886">Firms</a> <div class="megamenu__menu view view-megamenu-block view-id-megamenu_block view-display-id-megamenu_block_contextual dropdown-menu mega-menu__level-two-wrapper"> <div class="view-content"> <div class="container"> <div class="row"> <div class="views-element-container form-group"><div class="megamenu-promo view view-megamenu-promo-content view-id-megamenu_promo_content view-display-id-block js-view-dom-id-bc797339933a3aa7d5469c8913655262dbc2e224a1baea86188d44516b69fb7f"> <h3 class="promo-block__title heading__underline">Firms overview</h3> <div class="view-content"> <div class="views-row"><div class="promo-block__copy"><p>Go to our dedicated section to see support for firms and our latest policy updates.</p> <p>&nbsp;</p> </div><a href="/firms" class="promo-block__read-more btn btn--arrow-right" aria-label="Firms overview - Find out more">Find out 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col-sm-4 col-lg-4"><h4 class="menu__heading heading__underline"><span class="no-link">Regulated firms</span></h4><div class="megamenu__menu view view-megamenu-block view-id-megamenu_block view-display-id-megamenu_firms_types js-view-dom-id-68e6e96541e61110f9d018e16d55a0f49e8abc076c58f5558d292eec9fd11424 dropdown-menu mega-menu__level-two-wrapper"> <div class="view-content"> <div class="container"> <div class="row"> <div class="megamenu-categories"> <div class="item-list firms-types"> <ul> <li class="menu--item"><a href="/firms" hreflang="en">All firms</a></li> <li class="menu--item"><a href="/firms/claims-management-companies" hreflang="en">Claims management companies</a></li> <li class="menu--item"><a href="/firms/consumer-credit" hreflang="en">Consumer credit firms</a></li> <li class="menu--item"><a href="/firms/electronic-money-payment-institutions" hreflang="en">Electronic money and payment institutions</a></li> <li class="menu--item"><a href="/firms/funeral-plan-providers-intermediaries" hreflang="en">Funeral plan providers and intermediaries</a></li> <li class="menu--item"><a href="/firms/innovation" hreflang="en">Innovation Hub</a></li> <li class="menu--item"><a href="/firms/mutual-societies" hreflang="en">Mutual societies</a></li> </ul> </div> </div> <button tabindex="0" aria-label="Close menu link" class="megamenu__close btn--close text-hide hidden-xs js-megamenu-close">Close menu</button> </div> </div> </div> </div> </div> <div class="megamenu-category col-sm-4 col-lg-4"><h4 class="menu__heading heading__underline"><span class="no-link">Tasks for firms</span></h4><div class="view view-megamenu-block-items view-id-megamenu_block_items view-display-id-default js-view-dom-id-bac479b6f4b3ebd688905c007bd7f0b77e2c5a7d63c428d56d09c3bd5b43de22"> <div class="view-content"> <div class="item-list"> <ul> <li class="menu--item"><a href="/firms/approved-persons" hreflang="en">Approved persons</a></li> <li class="menu--item"><a href="/firms/change-control" hreflang="en">Change in control</a></li> <li class="menu--item"><a href="/firms/fees" hreflang="en">Fees and levies</a></li> <li class="menu--item"><a href="/firms/firm-details" hreflang="en">Keeping your firm&#039;s details up to date</a></li> <li class="menu--item"><a href="/firms/appointed-representatives-principals" hreflang="en">Principals and appointed representatives </a></li> </ul> </div> </div> </div> </div> <div class="megamenu-category col-sm-4 col-lg-4"><h4 class="menu__heading heading__underline"><a href="/firms/consumer-duty" hreflang="en">Focus areas</a></h4><div class="view view-megamenu-block-items view-id-megamenu_block_items view-display-id-default js-view-dom-id-02b0d45e8ba9d0d06dd23d8840a3a7efa320bc4f5cb00c9e4f6c37d97394edd1"> <div class="view-content"> <div class="item-list"> <ul> <li class="menu--item"><a href="/firms/consumer-duty" hreflang="en">Consumer Duty</a></li> <li class="menu--item"><a href="/firms/cost-living-firm-information" hreflang="en">Cost of living: firm information</a></li> <li class="menu--item"><a href="/firms/cryptoassets-information" hreflang="en">Cryptoassets</a></li> <li class="menu--item"><a href="/firms/access-to-cash" hreflang="en">Helping people access cash</a></li> <li class="menu--item"><a href="/firms/regulatory-framework-reforms" hreflang="en">Regulatory framework reforms</a></li> <li class="menu--item"><a href="/firms/senior-managers-certification-regime" hreflang="en">Senior Managers and Certification Regime </a></li> </ul> </div> </div> </div> </div> </div> <div class="views-element-container form-group"><div class="megamenu-footer view view-megamenu-footer view-id-megamenu_footer view-display-id-block js-view-dom-id-134b32f00340dc85c97c712fc5f4cfcb96f19a4e4a7395316ebffa0db8a93e92"> <div class="view-content"> <div style="background-image: url(https://www.fca.org.uk/sites/default/files/styles/no_style/public/media/images/megamenu-banner-consumer-duty-350_78.jpg?itok=5eIJffZC);" class="megamenu-footer__image" > </div> <div class="views-row"><div class="megamenu-footer__copy"><p class="megamenu-footer__title">Consumer Duty </p> <p>We're hosting events to help firms prepare for the new rules. Sign up to hear about these and related communications.</p> </div><a href="/sign-consumer-duty-email-updates" class="megamenu-footer__read-more btn btn--arrow-right" aria-label="Consumer Duty - Sign up">Sign up</a></div> </div> </div> </div> <button tabindex="0" aria-label="Close menu link" class="megamenu__close btn--close text-hide hidden-xs js-megamenu-close">Close menu</button> </div> </div> </div> </div> </li> <li class="active active-trail tb-megamenu-item level-1 mega dropdown col-xs-12 col-sm-2 mega-menu__level-one-item mega-menu__markets"> <a href="/markets" class="dropdown-toggle mega-menu__level-one-link active-trail" data-drupal-link-system-path="node/2891">Markets</a> <div class="megamenu__menu view view-megamenu-block view-id-megamenu_block view-display-id-megamenu_block_contextual dropdown-menu mega-menu__level-two-wrapper"> <div class="view-content"> <div class="container"> <div class="row"> <div class="views-element-container form-group"><div class="view 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js-quickedit-main-content"> <section> <div class="highlighted"> <div class="region region-highlighted"> <div data-drupal-messages-fallback class="hidden"></div> </div> </div> <a id="main-content"></a> <div class="region region-content"> <div class="container container-header-- "> <div class="row row--relative"> <div data-history-node-id="8416" about="/markets/primary-markets/listing-applications" class="article-header col-xs-12 four-step-limit col-sm-9"> <h1 class="page-header"> <span>Listing applications and cancellations</span> </h1> <div class="article-meta "> <span class="pubdate">First published: <time datetime="2016-04-30T11:45:00Z">30/04/2016</time> </span> <span class="pubdate latest">Last updated: <span class="date">17/09/2024</span></span> <span class="revisions"><a href="#revisions">See all updates</a></span> </div> </div> </div> </div> <div class="container"> <div class="row"> <article data-history-node-id="8416" about="/markets/primary-markets/listing-applications" class="article-header col-xs-12 four-step-limit col-sm-9 has-sidebar clearfix article-content--markets"> <div class="node-content__wrapper node-content__wrapper--border"> <section class="copy-highlighted copy-block component fca-colour--6c1d45 fca-innovation"> <div class="container"> <p>Find out how to submit applications to admit, amend or remove securities to and from the Official List.</p> </div> </section> <div class="rhn__on-this-page visible-xs rhn__on-this-page--markets"> <button class="rhn__button"> <h2 class="h3">On this page <img src="/themes/custom/fca/images/document-blue.svg" alt=""></h2> </button> <ul class="nav navbar-nav"><li><a href="#section-applications">Applications</a></li><li><a href="#section-application-documents">Application documents</a></li><li><a href="#section-no-conditional-admission">No conditional admission</a></li><li><a href="#section-listing-transactions-russia-and-belarus-sanctions-confirmation">Listing Transactions – Russia and Belarus sanctions confirmation</a></li><li><a href="#section-withdrawing-an-application">Withdrawing an application</a></li><li><a href="#section-suspending-securities-from-the-official-list">Suspending securities from the Official List</a></li><li><a href="#section-removing-securities-from-the-official-list">Removing securities from the Official List</a></li><li><a href="#section-securities-which-have-matured-or-otherwise-ceased-to-exist">Securities which have matured or otherwise ceased to exist</a></li><li><a href="#section-contact-us">Contact us</a></li></ul> </div> <section class="copy-block fca-innovation"> <div class="container"> <p class="well">Find out more about the <a href="/markets/listing-transactions-over-christmas-new-year" data-entity-type="node" data-entity-uuid="1dd5f270-dc56-4578-8289-3706b97797d4" data-entity-substitution="canonical" title=" Listing transactions over Christmas and New Year">changes to turnaround times</a> for reviewing and processing listing transactions over the Christmas period 2024/2025.</p> </div> </section> <section class="copy-block fca-innovation"> <div class="container"> <p>&nbsp;</p> <div class="copy-block__call-out copy-block__call-out--outline"> <h2>Prospectus Regulation Rules sourcebook</h2> <p>Issuers and their advisors should update references to the Prospectus Regulation where required, for example, referencing the right exemptions when applying for admission to the Official List.</p> <h2>Online portal for submissions</h2> <p>Our online portal, the <a href="/publication/primary-market/fca-ess-user-guide.pdf" data-entity-type="media" data-entity-uuid="e0d6332b-ddc4-4247-9955-22dbacd2452f" data-entity-substitution="canonical" title="fca-ess-user-guide.pdf">Electronic Submission System</a> (ESS) should be used for all applications for admissions and amendments, issuance programmes, removals, suspensions and restorations. This includes booking listing hearings.</p> <p>Click on the link to see the <a href="/publication/primary-market/fca-ess-user-guide.pdf" data-entity-type="media" data-entity-uuid="e0d6332b-ddc4-4247-9955-22dbacd2452f" data-entity-substitution="canonical" title="fca-ess-user-guide.pdf">ESS</a>&nbsp;guide which explains how to use the portal.</p> <p>If you have any questions please contact the <a href="/cdn-cgi/l/email-protection#dfb3b6acabb6b1b8beafafb3b6bcbeabb6b0b1ac9fb9bcbef1b0adb8f1aab4">Issuer Management</a> team.</p> </div> </div> </section> <section id="section-applications" class="copy-block fca-innovation"> <div class="container"> <h2>Applications</h2> <p>Before you (as an issuer or its adviser) submit an application to us, you will need to ensure that the application is submitted at least two business days prior to the requested listing hearing date. &nbsp;If your application is relying on an approved prospectus or circular, then the requested listing hearing date must be at least two business days after the prospectus or circular has been approved.</p> <p>A listing hearing is a review of the documents supporting your application for listing. You do not have to attend the listing hearing and the listing hearing needs to be held before admission.&nbsp;</p> <p>To book and submit documents for the requested listing hearing please log on to <a href="https://marketoversight.fca.org.uk/electronicsubmissionsystem/LiPo_SiteLoginPage?startURL=%2Felectronicsubmissionsystem%2FLiPo_CasesHomePage">ESS</a>.&nbsp;</p> <p>All documents submitted must be in final form.</p> <p>To change a requested listing hearing date for an application, please contact the Issuer Management team, specifying the issuer name, type of issue, the details of the original hearing and the requested new date. &nbsp;If all the issue details remain compliant with our UK Listing Rules, you do not need to resubmit them.</p> <p>You will also need to read <a href="https://www.handbook.fca.org.uk/handbook/UKLR/20/?view=chapter">Chapter 20</a><strong>&nbsp;</strong>of the UK Listing Rules, which sets out our listing application requirements for admission of securities to listing.</p> <p>Issuers should keep us informed of any potential changes to listed securities to ensure the Official List remains accurate.</p> <p>We need to receive the following application documents by 12pm (midday), two business days before your&nbsp;desired hearing date:</p> </div> </section> <section id="section-application-documents" class="copy-block fca-innovation"> <div class="container"> <h2>Application documents</h2> <p>We need to receive the following application documents by 12pm (midday), two business days before your desired hearing date.</p> <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr> <th width="25%">Type of application</th> <th width="75%"> <p>Listing rule</p> </th> </tr> <tr> <td valign="top" width="25%"> <p>Equity securities</p> </td> <td valign="top" width="75%"><a href="https://www.handbook.fca.org.uk/handbook/UKLR/20/4.html">UKLR 20.4.2R</a></td> </tr> <tr> <td valign="top" width="25%"> <p>Debt and other securities</p> </td> <td valign="top" width="75%"><a href="https://www.handbook.fca.org.uk/handbook/UKLR/20/5.html">UKLR 20.5.4R</a>&nbsp;</td> </tr> <tr> <td valign="top" width="25%"> <p>Block listing and formal application</p> </td> <td valign="top" width="75%"><a href="https://www.handbook.fca.org.uk/handbook/UKLR/20/6.html">UKLR 20.6.4R&nbsp;</a><br> &nbsp;</td> </tr> </tbody> </table> </div> </section> <section id="section-no-conditional-admission" class="copy-block fca-innovation"> <div class="container"> <h2>No conditional admission</h2> <p>All outstanding conditions must be fulfilled by 4pm the business day prior to the admission is due to become effective. The FCA is not able to make the admission of securities conditional on any event. &nbsp;The FCA may, in particular cases, seek confirmation from an issuer before the admission of securities that the admission does not purport to be conditional on any matter, <a href="https://www.handbook.fca.org.uk/handbook/UKLR/3/1.html">UKLR 3.1.5G</a><strong>.&nbsp;</strong></p> </div> </section> <section id="section-listing-transactions-russia-and-belarus-sanctions-confirmation" class="copy-block fca-innovation"> <div class="container"> <h2>Listing Transactions – Russia and Belarus sanctions confirmation</h2> <p>Issuers must confirm to us that they are not affected by the following sanctions. Find out what <a data-entity-substitution="canonical" data-entity-type="node" data-entity-uuid="5e5abeaf-053c-4e98-809a-c599c23d5c98" href="/markets/listing-transactions-russia-belarus-sanctions" title="Listing Transactions – Russia and Belarus sanctions confirmation">confirmations we need</a> about the effect of sanctions before we can begin work on a vetting, guidance or listing application request.</p> </div> </section> <section id="section-withdrawing-an-application" class="copy-block fca-innovation"> <div class="container"> <h2>Withdrawing an application</h2> <p>If an issuer wishes to withdraw its application, you must inform Issuer Management as soon as possible, and no later than 7am the morning of the admission is to take effect, by email using <a href="/cdn-cgi/l/email-protection#5834312b2c31363f39282834313b392c3137362b183e3b3976372a3f762d33"><span class="__cf_email__" data-cfemail="04686d77706d6a63657474686d6765706d6b6a77446267652a6b76632a716f">[email&#160;protected]</span></a>. Details to be provided in the email are the ESS case number of the application which is being withdrawn, confirmation you have the authority from the issuer to withdraw the application, and confirmation that the relevant trading venues have been notified.&nbsp;If any of the above information is incomplete or not provided, we will not be able to process the withdrawal and the admission of securities to the Official List will proceed.&nbsp;</p> <p>Once the case has been withdrawn, we will confirm by return of email.&nbsp;You should contact us if you have not received a reply by 7.30am the day of the admission via the emergency suspension line on 0207 066 8354 during the hours of 7am to 8am and then the Issuer Management helpline on 020 7066 8352 thereafter until 5pm.</p> </div> </section> <section id="section-suspending-securities-from-the-official-list" class="copy-block fca-innovation"> <div class="container"> <h2>Suspending securities from the Official List</h2> <p>To suspend a listing of securities, Issuers should review&nbsp;<a href="https://www.handbook.fca.org.uk/handbook/UKLR/21/?view=chapter">Chapter 21</a>&nbsp;of the Listing Rules in the FCA Handbook, in particular UKLR 21.1 which sets out the requirements and examples of when we may suspend.</p> <p>An Issuer must comply with UKLR 21.3&nbsp;when submitting a request to suspend the listing of its securities and should be made as soon as practicable but should also allow sufficient time for us to deal with the request.&nbsp;</p> <p>For routine suspensions, these requests must be made using ESS.&nbsp;ESS should not be used for non-routine suspensions, such as but not limited to, reverse transactions and issuers in severe financial difficulty.&nbsp;In these circumstances, please contact the Primary Market Monitoring (PMM) emergency line on 020 7066 8354 or email&nbsp;<a href="/cdn-cgi/l/email-protection#df8f92908caaacafbab1acb6b0b1ac9fb9bcbef1b0adb8f1aab4"><span class="__cf_email__" data-cfemail="f1a1bcbea2848281949f82989e9f82b1979290df9e8396df849a">[email&#160;protected]</span></a>, PMM aim to provide coverage on the emergency helpline where reasonable outside office hours.&nbsp;Should you experience any problems contacting this line before 8am, please contact: 0207 066 1654.</p> </div> </section> <section id="section-removing-securities-from-the-official-list" class="copy-block fca-innovation"> <div class="container"> <h2>Removing securities from the Official List</h2> <p>To remove a listing, issuers should review<strong> </strong><a href="https://www.handbook.fca.org.uk/handbook/UKLR/21/?view=chapter">Chapter 21</a>&nbsp;in the FCA&nbsp;Handbook, which sets out the removal requirements for securities admitted to the Official List.</p> <p>Requests under UKLR 21.3.1R should be made no less than 24 hours before the cancellation is expected to take effect. Issuers must ensure that all accompanying information has been provided to listing applications&nbsp;by 3pm on the business day before it&nbsp;takes effect.</p> <p>If the information is received after that time, it will not take effect until the beginning of the next business day.</p> <p>Removal requests can be submitted using <a href="https://marketoversight.fca.org.uk/electronicsubmissionsystem/LiPo_SiteLoginPage?startURL=%2Felectronicsubmissionsystem%2FLiPo_CasesHomePage">ESS</a>.</p> </div> </section> <section id="section-securities-which-have-matured-or-otherwise-ceased-to-exist" class="copy-block fca-innovation"> <div class="container"> <h2>Securities which have matured or otherwise ceased to exist</h2> <p>If securities have matured, or ceased to exist, we will use our powers to administratively remove any references to the securities from the Official List.</p> <p>For debt securities, we generally work on the basis that debt securities will have fully matured (and ceased to exist) following their redemption date, unless we are notified otherwise.&nbsp;The redemption date is when we were notified in a listing application and it was included in the Official List.</p> <p>Issuers should keep us informed of any potential changes to the maturity date of listed securities to ensure the Official List remains accurate.</p> <p>If you wish to notify us of a security on the Official List that no longer exists, please use ESS to submit this notification.</p> </div> </section> <section id="section-contact-us" class="copy-block fca-innovation"> <div class="container"> <h2>Contact us</h2> <p>If you have any further questions regarding Chapter 20 and Chapter 21 of the Listing rules, you can contact the Issuer Management team on 020 7066 8352, or <a href="/cdn-cgi/l/email-protection#0e62677d7a6760696f7e7e62676d6f7a6761607d4e686d6f20617c69207b65">email us</a>.</p> </div> </section> <div class="node_view"></div> <div class="read-next-previous"> <div 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