| Deal type |
Deal description |
Threshold |
Convertible bonds |
Issues of convertible bonds on the Main Market and Professional Securities Market of the London Stock Exchange.
From January 2009. |
A selection of issues of convertible bonds.
|
De-listings: Main Market and AIM |
Analysis of companies leaving the Main Market or AIM. From July 2008. |
A selection of de-listings. |
Demergers |
Analysis of demergers of UK listed companies.
From March 2006.
|
A selection of demergers.
|
AGMs: FTSE 350 and AIM 50 |
Analysis of notices of annual general meetings and annual reports and accounts to assess market practice on resolutions being passed.
From January 2007 (Main Market).
From January 2009 (AIM).
|
From 2011:
- FTSE 350 commercial companies.
- AIM 50 companies.
Please note this does not include closed ended investment funds.
|
| IPOs |
|
|
| IPOs: UK issuer |
IPOs by UK issuers on the Main Market.
From January 2007.
|
Market capitalisation on admission £150 million and above. |
| IPOs: Non-UK issuer |
IPOs by non-UK issuers on the Main Market.
From January 2007. |
Market capitalisation on admission £150 million and above. |
| IPOs: AIM |
Admissions to AIM by UK and non-UK issuers.
From January 2008.
|
Market capitalisation on admission £25 million and above
Our threshold for 2008 was £50 million and above. |
| Joint ventures |
Joint ventures involving listed companies.
From August 2007. |
A selection of joint ventures. |
| Listed company restructurings |
Restructurings by listed companies (including debt for equity swaps and company voluntary arrangements (CVAs)).
From January 2009. |
Significant restructurings. |
| Listing Rules transactions |
Transactions covered by LR 10 or LR 11 of the Listing Rules (including class 1 transactions, reverse takeovers and related party transactions).
From January 2009. |
Significant transactions. |
| Public M&A deals |
Takeovers of public companies listed on the Main Market or admitted to AIM to which the Takeover Code applies.
From January 2007. |
As from 19 September 2011 and for a limited period, all offers announced for targets with shares listed on the Main Market or admitted to AIM to which the Takeover Code applies.
Our threshold for 2009 – 18 September 2011 was:
- Target with shares listed on the Main Market: deal value £100 million and above.
- Target with shares admitted to AIM: deal value £50 million and above.
Our threshold for 2007 & 2008 was £250 million and above.
|
| Reorganisations and schemes |
Reorganisations and schemes announced by trading companies listed on the Main Market or admitted to AIM, including reorganisations to create distributable reserves. From February 2006. |
Significant reorganisations and schemes. |
| Returns of value to shareholders |
Returns of value to shareholders announced by trading companies listed on the Main Market or AIM including by way of B share schemes, special dividends or tender offers.
From January 2007. |
Significant returns of value to shareholders. |
| Secondary issues |
| |
| Open offers |
Open offers announced by trading companies listed on the Main Market.
From January 2007. |
Value of £20 million or above (or lower where accompanied by a significant cash placing). |
Placings |
Placings announced by trading companies listed on the Main Market.
From January 2007.
|
Significant cash placings. |
| Rights issue |
Rights issues announced by trading companies listed on the Main Market.
From January 2007. |
Value of £60 million or above. |
AIM |
Secondary issues of equity securities announced by trading companies admitted to AIM. From January 2007. |
Same values as Main Market secondary issues. |
Transfers to the Official List from AIM |
Admissions to the Official List of the Main Market from AIM. From January 2008. |
|
