UKLR 1.4 Miscellaneous

1. (1)

   If it appears to the FCA that there is, or there may be, a breach of the listing rules, the disclosure requirements or the transparency rules by an issuer with a listing of shares in:

   1. (a)

      the equity shares (commercial companies) category;

   2. (b)

      the closed-ended investment funds category; or

   3. (c)

      the equity shares (shell companies) category,

   the FCA may in writing require the issuer to appoint a sponsor to advise the issuer on the application of the listing rules, the disclosure requirements and the transparency rules.

2. (2)

   If required to do so under (1), an issuer must, as soon as practicable, appoint a sponsor to advise it on the application of the listing rules, the disclosure requirements and the transparency rules.

[Note:UKLR 4.2 sets out the various circumstances in which an issuer must appoint, or obtain guidance from, a sponsor.]

If a listing rule refers to a requirement in legislation applicable to a listed company incorporated in the United Kingdom, a listed overseas company must comply with the requirement so far as:

1. (1)

   information available to it enables it to do so; and

2. (2)

   compliance is not contrary to the law in its country of incorporation.

A listed overseas company must, if required to do so by the FCA, provide the FCA with a letter from an independent legal adviser explaining why compliance with a requirement referred to in UKLR 1.4.2R is contrary to the law in its country of incorporation.

A document that is required under a listing rule to be filed, notified to a RIS, provided to the FCA or sent to security holders must be in English.

A reference to a copy (or copies) of a document in the listing rules includes a copy (or copies) of a document produced, recorded or stored using electronic means.

Where a listing rule requires an issuer subject to DTR 6.3.1R to use the services of a RIS, the issuer must comply with the provisions of DTR 6.3.

Where a listing rule requires an issuer that is not subject to DTR 6.3.1R to use the services of a RIS, the issuer must comply with the provisions of DTR 6.3, except in relation to information which is required to be disclosed under articles 17 and 19 of the Market Abuse Regulation or the DTR.