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Admission is where the reporting starts

The FPPP procedures a sponsor confirms at admission are the same procedures that have to keep running afterwards, against deadlines that do not move. Put in a financial year end and the periodic ones are dated; the rest have no date at all, because an event sets them.

That split is the finding worth taking away. One date produces three, and only two of them are independent — the governance statement rides on the annual report’s deadline. Six further obligations have no computable date at all, and a triggered obligation is only ever met by a procedure that already existed when the trigger fired. Which is the entire argument for building the file before the listing rather than after it.

No date — an event sets it6

Only the periodic reports above have a deadline you can compute. Everything below fires when something happens — which is why the readiness question is whether the procedure exists before the event, and not whether a date is in a calendar.

  • Inside information

    trigger · The issuer comes to hold information a reasonable investor would use.

    As soon as possible. There is no grace period and no monthly cycle.

    UK MAR Art. 17(1)The issuer must make inside information that directly concerns it public as soon as possible — a duty that starts when admission to trading is requested, not on the first day of dealings. DTR 2.2 is the FCA's guidance on identifying it.

    fb-7 · mr-4 · fr-5 · fr-6

  • Holding announcement

    trigger · An unexpected and significant event occurs, and inside information may leak before the facts can be confirmed.

    At the point full disclosure cannot yet be made — not once it can.

    DTR 2.2.9GWhere an unexpected and significant event occurs and inside information may leak before the facts are confirmed, a holding announcement should be used.

    fr-6

  • Significant transactions

    trigger · A transaction crosses one of the class tests.

    Identified, classified and notified in accordance with the class tests.

    UKLR 7Significant transactions must be identified, classified and notified in accordance with the class tests.

    st-1 · st-2 · st-4 · st-6

  • Related party transactions

    trigger · A transaction with a related party crosses the threshold.

    A board fair-and-reasonable statement, supported by a sponsor, before it proceeds.

    UKLR 8A related party transaction at 5% or more on any class test needs prior board approval without the conflicted directors, a sponsor's written confirmation that its terms are fair and reasonable, and an announcement.

    st-5 · st-6

  • Audit committee

    trigger · Continuous, from admission.

    A body performing audit committee functions must exist, with a majority of independent members.

    DTR 7.1.1R–7.1.3RThe issuer must have a body performing audit committee functions, with a majority of independent members.

    re-2a · re-2 · st-4 · fr-5

  • Board confirmation of procedures, systems and controls

    trigger · Once, on the first application for listing — not repeated for a later class of securities.

    By midday two business days before the FCA considers the application, on the FCA's own form: the board confirms the company has taken reasonable steps to establish adequate procedures, systems and controls. Without it the FCA will not admit. From admission, Listing Principle 1 carries the same duty forward.

    UKLR 20.2.4AROn its first application for listing, the board must confirm to the FCA that the company has taken reasonable steps to establish adequate procedures, systems and controls to meet its obligations after admission.

    re-3 · re-4 · re-7 · re-8 · fr-1

Real obligations this page does not list

  • Insider lists, and dealing notifications by managersMAR Articles 18 and 19. The pack covers the procedure — criterion fr-6, an auto-fail gate — but carries no citation for the deadlines themselves, and this page does not print a rule reference the pack has not got. Take the timing from the FCA.
  • Major shareholding notificationsDTR 5. An obligation that falls mostly on holders rather than on the issuer, and one no criterion in the pack cites. Same rule: no pack citation, no line on this page.

What this is not

  • It is not a compliance calendar. It states what the rules say and when. It does not tell you what to do about any of it, and it is not a substitute for your own advisers.
  • It is not complete. It lists the obligations for which the pack already carries a verified citation, and names two real ones it therefore leaves out. A page about deadlines is worth exactly what its citations are worth.
  • Rules move. These are current as of 2026-09-11, the same date every report on this site carries. What moved, and when, is on the listing-rules watch.

Working backwards from a target admission month instead? The FPPP calendar does that side.