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The UK’s financial landscape is undergoing a transformative shift as new listing rules are set to make it significantly easier for tech companies to go public in London.
These regulatory changes, aimed at enhancing the UK’s competitiveness against global financial hubs, come at a crucial time as the country seeks to bolster its position as a leading destination for tech firms.
The Financial Conduct Authority (FCA) has introduced more flexible listing requirements tailored to attract the listing of high-growth software companies in London.
One of the most notable changes is the reduction of the minimum free float requirement from 25% to 10%.
Reduction in Free Float Requirements
This adjustment lowers the threshold for the percentage of shares that must be in public hands at the time of listing, making it less burdensome for smaller tech firms to enter the public market.
“The reduction in the free float requirement will enable more tech startups to consider an IPO without the pressure of diluting their ownership significantly,” says Luke , an analyst at Deutsche…
