On 15 July 2025, the FCA published Policy Statement PS25/9: ‘New rules for the public offers and admissions to trading regime’ (PS25/9). PS25/9 sets out the FCA’s final rules for the admission of securities to trading on UK regulated markets and UK primary multilateral trading facilities under The Public Offers and Admissions to Trading Regulations 2024 .
Our briefing considers the core areas in which the FCA has made changes relevant for issuers with, or seeking admission of, equity and non-equity securities – such as shares and bonds – to trading on UK regulated markets.
For more information on the upcoming prospectus regime changes please get in touch with your usual Freshfields capital markets contact.
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