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‘Aramco rules’ to be introduced from July

FCA presses ahead with plans to introduce a new listing segment for state-backed companies, despite governance concerns

‘Aramco rules’ to be introduced from July
Photo: Getty Images

The UK's markets regulator has published final rules for a new listing category for sovereign-backed companies, despite governance concerns and accusations that the change is being implemented solely to lure Aramco to London.

The new premium listing category will be available from July 1 for companies that either want to float on the London Stock Exchange or transfer their shares to a listing under the new segment.

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