The new secondary market will, for the first time, provide private companies with access to liquidity through intermittent auctions leveraging the London Stock Exchange’s public markets infrastructure, with the LSE welcoming publication of the rulebook as ‘an important milestone’ in the development of this new market.
The PISCES core disclosure requirements are designed to provide potential investors with an overview of key information about the company, including the nature of its business and where it operates, its ownership and governance, material contracts and key risk factors, together with its latest financial information.
At Black Sun, our extensive experience in both corporate reporting and online investor communications means we are well placed to advise on how this type of information could be leveraged outside the PISCES trading framework, should a company wish to share some or all of its core disclosures with a wider audience, particularly given the heightened profile that participation on the Private Securities Market is likely to provide.
We look forward with close interest and enthusiasm to the next steps in the development of this market.
Black Sun Global is a stakeholder advisory and engagement agency that's been driving transformation and positive change for ambitious brands for more than 20 years. With deep expertise in disclosure and reporting, ESG, sustainability, and digital engagement, we reshape how organisations connect with customers, investors, employees, and the wider world.
We are trusted partners to some of the most influential global organisations, sparking innovation and sustainable performance through our strategic insights, partnerships, and proprietary technologies.
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