Listed | Practical Law

Listed | Practical Law

Listed

Listed

Practical Law UK Glossary 3-373-8000 (Approx. 3 pages)

Glossary

Listed

Refers to a company that has any class of its securities 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 listed 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.