Jurisdiction(s):
United Kingdom

Key definition

Related party transactions definition

What does Related party transactions mean? In practice, a related party transaction is any non-ordinary-course deal between a listed company and a related party, typically a director, controlling or substantial shareholder, or their associates. Examples include buying or selling assets with a director, granting loans or guarantees to a director, co-investing alongside a related party in another vehicle, payments for loss of office, and any arrangement with a third party designed to benefit a related party. In the UK, the concept is defined for premium listed companies in FCA Listing Rules, Chapter 11; Companies Act 2006, Part 10 separately regulates certain transactions with directors and often requires...

LR 11 related party transactions—archived premium listing guidance (pre-29 July 2024), with FCA reform overview, UKLR 8 mapping, DTR 7.3 interaction, and sovereign controlled company modifications

Published by a LexisNexis Corporate expert

Practice notes

ARCHIVED: This Practice Note has been archived and is not maintained.

This Practice Note is archived and no longer maintained.

A major overhaul of the UK listing framework took effect on 29 July 2024, abolishing the premium and standard listing segments and introducing a single listing category for equity shares issued by commercial companies.

This commercial companies category is strongly disclosure-led and sits alongside other listing categories, including the shell companies category, the secondary listing category and the closed ended investment fund category.

To deliver these reforms, the UK listing rules sourcebook commenced, and the former Listing Rules sourcebook was withdrawn.

For more detail, see Practice Note: Reform of the UK listing regime—fundamentals.

This Resource Note captures the pre-29 July 2024 regime and is preserved for reference. It collates pertinent commentary, analysis and materials to support interpretation and offer practical guidance on applying chapter 11 of the former Listing Rules as they stood before 29 July 2024...

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Web page updated on 21/05/2026

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