These new rules are designed for Specialist Companies, including SPV holding companies and closely held REITs, and aim to attract privately held structures whose securities are held by qualified investors, with no expectation of trading or frequent transferring of the securities.
The new Specialist Companies Equity Rules include a streamlined listing application process and simplified disclosure requirements, which are more flexible than the existing Equity Market Listing Rules focused on trading companies and investment vehicles.
The new Specialist Company Listing Rules and an updated version of the applicable fees are available here: Specialist Companies.
Appleby is a leading listing agent and facilitates the listing of a wide range of securities on TISE.
If you have any queries in relation to the new Listing Rules please do not hesitate to contact us.