A dedicated segment that acts as a launch pad for growth businesses to increase their visibility with the analyst and investor community, as well as enhance their business profile with existing and potential customers and suppliers.
The segment’s free float requirement at admission enables founder shareholders, including venture and private equity investors, to float a smaller percentage of the company at an earlier stage of development, as the company transitions from privately-owned to the public markets.
Companies enjoy significant benefits from being on a London market – in particular access to capital on an ongoing basis from a diverse and deep investor pool; ability to use shares as acquisition currency; access to an expert advisory community to help gain profile; and a regulatory framework that provides investor confidence without proving burdensome.
How to join the High Growth Segment?
Appoint a key adviser in relation to admission.
Publish an prospectus approved by the Financial Conduct Authority (FCA) or another EEA competent authority.
Gain approval from London Stock Exchange’s Admissions Review Committee.
Set out an intention to join the Premium or Standard listed segments of the Main Market over time.
High Growth Segment admission criteria:
Revenue generating business with historic revenue growth of 20% (CAGR) over a 3 year period.
Minimum free float of 10% with a value of at least £30 million (majority of the £30 million must be raised at admission).
Minimum £300m market capitalisation upon admission (based on free float of 10%).
Be incorporated or duly established in a UK or EEA state.
2019 - A year of innovation
2019 saw the launch of a number of new initiatives at London Stock Exchange