RNS Number : 7540H
London Stock Exchange Notice
26 March 2020
26 March 2020
N08/20 - Temporary measures - Coronavirus (COVID-19)
1. London Stock Exchange supports the joint statement from the Financial Conduct Authority, Financial Reporting Council and Prudential Regulatory Authority which sets out a series of actions and statements designed to assist companies across UK markets in light of the unprecedented impact of the Coronavirus (COVID-19) pandemic.
2. We have been working closely with UK financial regulators and authorities to ensure a consistent approach across our markets.
3. Main Market companies are referred to the statements made by the FCA:
4. We have also announced temporary changes relating to annual accounts deadlines and guidance on other temporary measures to assist AIM nominated advisers and AIM companies at this time:
5. London Stock Exchange takes its responsibility to ensure the orderly functioning of markets and continuity of services for its customers and other stakeholders very seriously. We have in place robust business continuity arrangements, which are regularly tested, to ensure the safe and orderly functioning of our business. London Stock Exchange continues to operate as normal and there are no plans to suspend trading on our markets. It is important that markets remain open to support companies who will continue to need access to capital and to ensure pricing is conducted in a fair and transparent manner for retail and institutional investors who need ongoing access to liquidity.
6. We recognise and understand the challenges faced by many market participants navigating the current volatile market conditions and have a variety of measures in place to ensure an orderly and fair market. London Stock Exchange is in close contact with our regulators and stakeholders around the world and will continue to adjust our response as needed.
Head of Primary Market and AIM Regulation
This Stock Exchange Notice will be available on the website at: www.londonstockexchange.com/en-gb/products/membershiptrading/rulesreg/stockexnoticesnew/
Calls to London Stock Exchange plc may be recorded to enable London Stock Exchange to carry out its regulatory responsibilities
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(END) Dow Jones Newswires
March 26, 2020 10:27 ET (14:27 GMT)