Frequently asked questions

To amend an agreed listing hearing date for an application, the issuer (or agent acting on the issuer's behalf) needs to send an email specifying the issuer name, type of issue, the details of the originally arranged hearing and the rearranged required hearing date. This can also be done by fax on + 44 (0)20 7066 8364. Listing Applications will not confirm a rearranged booking but if the caller does require confirmation, they can phone the Listing Applications Helpdesk.

We require at least 48 hours notice to book a listing hearing, as the issuer must also have submitted all relevant documents to Listing Applications in Final Form 48 hours before the hearing date (See LR3.3.2). If the documents are received by 12:00pm (midday), the day the documents are submitted can be included in the 48 hour period. So, for example, for a listing hearing due on a Wednesday, the latest possible time you must have submitted all the documents in final form is 12pm (midday) Monday.

We do not send out invoices for listing fees. The issuer must ensure the relevant listing fees are paid before the admission date.

It is the issuer's responsibility to pay listing fees in advance of any listing hearing. If you have any questions about the listing application fees, please contact the Listing Applications helpdesk.

See the listing fees page for futher information.

Although reference to blocklistings and exercise of options can be found in the same chapter of the Listing Rules (LR 3.5), there is a difference in terms of how we treat these application types.

A blocklisting is a facility whereby one application is made to issue and allot shares at future points in time. Once this blocklisting facility is in place, the Issuer does not have to submit an application each time shares are issued under this facility. The most common use of this function is for certain employee share schemes, where it is unknown when share options will be exercised. The shares only become allotted when the options under the scheme have been exercised. An issuer of a blocklisting must keep us updated, and also notify an RIS, of any allotments of shares under a blocklisting arrangement by submitting a six-monthly blocklisting return (LR 3.5.5). It is important that blocklisting schemes are clearly named and identified by the Issuer (especially where there are more than one scheme is in place). Blocklisting returns should also clearly identify to which scheme they relate.

When an Issuer submits an application for an exercise of options, the shares cannot be admitted to the Official List until those shares have been allotted to the exerciser of those options. So these shares are allotted upon being admitted to the Official List. An Issuer will also be required to submit a copy of the board resolution allotting the securities to the individuals concerned. [LR 3.3.2 (5)] [Note: If this is not possible, see LR 3.3.4 R.]

The Listing Applications team maintains the Official List on behalf of the FSA. This provides details on all securities officially listed in the UK.

However, please note that the only definitive confirmation of official listing is publication of the Dealing Notice, being the notification referred to in LR3.2.7G.