Maybe of interest18 Mar 2025 15:45
This is an intriguing question, xxxxxx! Here's what I found:
Dual Listing: If a UK company listed on the London Stock Exchange (LSE) decides to dual list on the Casablanca Stock Exchange (BVC), the shares held in an ISA account should retain their tax-free status, as long as the shares remain listed on a recognized stock exchange like the LSE. The dual listing itself doesn't affect the legitimacy of the shares for ISA purposes.
Cancelling LSE Registration: If the company cancels its LSE registration and solely lists on the BVC, the situation becomes more complex. For shares to qualify for an ISA, they must be listed on a recognized stock exchange as defined by HMRC. The BVC is not currently recognized by HMRC as a qualifying exchange for ISA investments. Therefore, if the company delists from the LSE, the shares would likely lose their ISA eligibility, and you might need to transfer or sell them to maintain the tax advantages of your ISA.