As part of the changes to the UK listing regime implemented in July 2024, the FCA adopted a more permissive approach to dual class share structures than had previously been permitted. The new rules for companies with an ESCC listing are less targeted and do not prescribe a \u201csunset\u201d limit for dual class structures (unless held by institutional investors, in which case there is a ten-year term). Weighted voting rights associated with dual class structures are non-transferable. Such weighted voting rights are permitted for almost all matter put to a shareholder vote save for certain dilutive transactions or cancellation of a listing.<\/p>\n","protected":false},"excerpt":{"rendered":"
As part of the changes to the UK listing regime implemented in July 2024, the FCA adopted a more permissive approach to dual class share structures than had previously been permitted. The new rules for companies with an ESCC listing are less targeted and do not prescribe a \u201csunset\u201d limit for dual class structures (unless […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[67,74,39,31,48],"class_list":["post-338","post","type-post","status-publish","format-standard","hentry","category-frequently-asked-questions","tag-controlling-shareholder","tag-duel-class-share-structure","tag-fca","tag-main-market","tag-management"],"yoast_head":"\n