Initial Public Offerings (IPOs)
Duration
This is a one day training session, qualifying for 6 CPD hours. (This session can be delivered in-house to your firm or organisation as two separate three hour sessions).
Objectives
The objectives of the training session are to enable participants to:
- Understand the rationale behind an IPO and the advantages and disadvantages of an IPO for the company and the options available to companies when considering an appropriate market for their securities.
- Understand the implications of an IPO for the company and the preliminary steps that may be required before a company can have its securities listed.
- Understand and apply the requirements of the UKLA’s. Prospectus Rules in respect of an IPO and in particular the need for and content of a prospectus
- Appreciate the role of underwriting and bookbuilding in the IPO process.
- Appreciate the extent of the continuing obligations imposed on a listed company under the UKLA’s Listing Rules and the Disclosure Rules.
- Be familiar with the principles of corporate governance relevant to a listed company
- Understand the mechanics and regulation of price stabilisation and the after market.
