Intention to float meaning

STOP PRESS Major changes to the UK prospectus framework took effect on 19 January 2026. The updated provisions for public securities offers and UK admissions to trading are primarily contained in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs), together with the FCA sourcebook, The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). The UK Prospectus Regulation and the FCA Prospectus Regulation Rules are now repealed. The package aims to streamline fundraising and materially curtail the circumstances in which an issuer must produce an FCA-approved prospectus for a further share issue. For comprehensive details see Practice Note: UK prospectus regime reform. This Practice Note summarises the regime that applied before 19 January 2026. What is an intention to float announcement? An intention to float announcement (ITF) is typically the issuer’s first public statement about an anticipated initial public offering (IPO). Although not mandated by law, issuing an ITF has become well-established market custom in the UK. Through the ITF, the...

Company number: [ insert number ] [ insert company name ] [ Limited OR plc ] Minutes of a meeting of the board of directors (the Meeting) of [ insert full name of company ] (the Company) Convened at [ insert place of meeting ]. Held on [ insert day, month and year of meeting ] at [ insert time of meeting ] [ am OR pm ]. Present [ Insert names of the director(s) physically present ] [ Insert names of any directors present by telephone as permitted by the Company’s articles of association ] (by telephone) [ Insert names of any directors present by other means permitted by the Company’s articles of association ] (by [ insert other means ]) In attendance [ Insert name of anyone in attendance who does not count towards the quorum for the Meeting (eg the company secretary, any legal advisers) ] Apologies ...

STOP PRESS : Significant reforms to the UK prospectus regime came into force on 19 January 2026. New arrangements for public offers of securities and UK admissions to trading now apply, chiefly set out in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs), alongside the FCA sourcebook, The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). The UK Prospectus Regulation and the FCA Prospectus Regulation Rules have been repealed. These changes are intended to streamline capital raising and materially lessen the circumstances in which a company needs to produce an FCA-approved prospectus for a further share issue. For full details of the updates, see Practice Note: UK prospectus regime reform. This Practice Note reflects the prospectus framework that was in force before 19 January 2026...