Secondary listings and global depository receipts will not qualify for Official List status if proposals are given the go-ahead
The FSA has issued plans that will see listing rules given a major overhaul if they are endorsed.
Under the proposed changes, Official List status would only be held by companies with a primary placing on the London exchange, while global depositary receipts and secondary listings would no longer be 'London-listed'.
The second proposal would force overseas companies to give investors first refusal when they issue new shares.
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