Jurisdiction(s):
United Kingdom

UK Listing Rules 7.3 significant transactions: RIS announcement checklist—initial, further and post-completion disclosures; disposals’ historical financials; synergies; financial and pro forma data; aggregation and supplementary notifications

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Checklists

This checklist sets out what a company listed in the equity shares (commercial companies) category must announce to a regulatory information service (RIS) in relation to a significant transaction under UKLR 7.3 of the UK Listing Rules. Under the UKLR, a significant transaction is one where any percentage ratio reaches 25% or more.

Initial disclosure requirements—UKLR 7.3.1R

The following must be notified to a RIS as soon as the terms of a significant transaction are agreed:

UKLR 7.3.1R (2)(a): A statement setting out why the transaction is notifiable under UKLR 7.
UKLR 7.2.13G (4): If the notice concerns aggregated transactions, an explanation of the basis for aggregation, with reference to whether UKLR 7.2.11R (1)(a), (1)(b) or (1)(c) applies.
UKLR 7.3.1R (2)(b): A summary of the transaction and the company’s rationale for undertaking it, including the items below.
UKLR 7 Annex 2, 1.1 R (1): Full particulars of the transaction, including the name of the counterparty.
UKLR 7 Annex 2, 1.1 R (2): An explanation of the reasons for entering into the transaction...

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Web page updated on 20/05/2026

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