FCA warning to listed issuers

The FCA has raised concerns in Primary Market Bulletin 65 that some regulatory announcements made by issuers may be misleading to investors. Specifically, it cautions against the use of language and content more suited to marketing material. Where content strays too far from regulated information, the FCA will consider whether the announcement has become misleading under the UK Listing Rules and/or the UK Market Abuse Regulation and whether this also indicates poor systems and controls at the issuer.