UK equity capital markets and takeovers: quarterly round-up and horizon scanner

Key developments in the last quarter include:

• Further FCA refinement of the new UK listing, prospectus and public offers regimes.
• Increased regulatory focus on market disclosures, including recent FCA Primary Market Bulletin guidance and enforcement action.
• Developments in private markets, including the launch of PISCES platforms and the first secondary trading events.
• Corporate governance, reporting and ESG updates relevant to annual reports and investor engagement during 2026.
• Key upcoming dates and milestones, including FTSE index free float amendments and expected UK consultations later this year.

If you have any questions, or if you would like to discuss any of the topics in further detail, please do not hesitate to contact our PLC Advisory Team.