What do impending Listing Regime reforms mean for listed companies?

Touted as the most wide-ranging reforms to the UK capital markets in over three decades, the regulator aims to simplify the listing process and "encourage a more diverse range of companies to list and grow". James Wootton and Tom Thorne unpack the changes.

James Wootton (james.wootton@linklaters.com) and Tom Thorne (tom.thorne@linklaters.com) are London-based partners with Linklaters, specialising in corporate transactions. Lucy Fergusson (lucy.fergusson@linklaters.com) is a partner who focuses primarily on corporate advisory matters and Sarah Debney (sarah.debney@linklaters.com) is a senior associate in the firm's Corporate/M&A department.

The United Kingdom's Listing Regime will be shaken up this summer, with the most radical changes in decades. [1] The Financial Conduct Authority has confirmed it hopes to finalise the new rules in July 2024, with most of them taking effect shortly afterwards.