Listed company | Practical Law

Listed company | Practical Law

Listed company

Listed company

Practical Law UK Glossary 6-203-2398 (Approx. 4 pages)

Glossary

Listed company

A company that has satisfied the requirements for any class of its securities to be admitted to the Official List maintained by the Financial Conduct Authority (FCA). A listed company is subject to the Listing Rules. While to be listed, equity shares must be admitted to trading on a UK regulated market, such as the Main Market of the London Stock Exchange (LSE), to be listed all other securities must be admitted to trading on a market for listed securities of a recognised investment exchange (RIE) (LR 2.2.3R).
An AIM company is not a listed company because its securities are not admitted to the Official List.
When considering this term in the context of financial services, reference should be made to the FCA Handbook glossary definition of listed company.