RE: Delisting27 Mar 2026 12:32
10-15k lol estimated costs for a firm like GST
LSE Annual Listing Fee
£23,872
Fixed for small caps
FCA Regulatory Fees / Levies
£8,000 – £15,000
Includes annual fees and levies
Nominated Adviser / Sponsor (if required)
£25,000 – £50,000
Main Market usually requires a sponsor for certain actions
Auditor (statutory audit)
£50,000 – £120,000
Higher for Main Market due to stricter standards
Legal & Company Secretarial
£40,000 – £70,000
Corporate governance, announcements, filings
Broker / IR / PR / Website
£30,000 – £60,000
Typical for small listed company
Board & Governance (non-execs, insurance, etc.)
£50,000 – £80,000
D&O insurance is expensive for micro-caps
Total Estimated Annual Cost
£250,000 – £450,000
Realistic range for GST