RE: Spanish/ Main Board LSE Listing2 May 2018 08:16
Whilst this is great in terms of accessing new investors etc, what I find most interesting in the shorter term is the fact that they must issue a prospectus for the new listing. The disclosure requirements under the prospectus directive are very onerous and directors have personal liability under them.
If, as some have suggested, they have been a little tight lipped on any permitting issues this will come out as part of this process - knowing that, I suspect that if there were bad news that for some reason they were sitting on they would not be doing this now