Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Verification definition

What does Verification mean? Verification is the structured due diligence process by which statements in an ipo or secondary offer document (for example, a prospectus, AIM admission document or shareholder circular) are checked to ensure they are true, accurate and not misleading, and that any opinions have a reasonable basis. It is not a term defined in statute; it is established market practice used across capital markets to evidence reasonable enquiries. The exercise typically involves: identifying each material statement; testing it against reliable sources (management confirmations, contracts, financials, public filings); recording the support in “verification notes”; and obtaining sign‑off from directors and...

AIM admission: verification notes template and checklist, directors’ responsibilities, liabilities and documentary evidence (UK)

Published by a LexisNexis Corporate expert

Precedents

1 Introduction

1.1 These verification notes (the Notes) concern the admission document (the Admission Document) to be produced in connection with [ a proposed placing of new ordinary shares of [ insert amount ] pence each of [ insert name of the Company ] (the Placing ) and ] the application for the Company’s ordinary shares to be admitted to trading on AIM, a market of the London Stock Exchange plc (AIM) (Admission)...

1.2 The Notes have been prepared by [ insert details of Company’s solicitors ] to safeguard the Company [ and ] the directors of the Company (Directors) [ and the proposed directors of the Company (the Proposed Directors ] ) during the drafting of the Admission Document. Their purpose is to record, so far as practicable, the measures taken or being taken to verify the accuracy of the information set out in the Admission Document, to identify who has confirmed specific factual statements, and to confirm the correctness of the facts on which any forecast, estimate or expressions of opinion within the Admission Document are founded...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

DOWNLOAD THIS DOCUMENT

Web page updated on 27/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...