SPACs – Summary Of Requirements For Listing On The Channel Islands Securities Exchange

General principles for listing on the Exchange

The Listing Rules are designed to ensure that investors have and maintain confidence in the securities market.  In particular, that in relation to the issuer and the securities for which application for listing has been made:

• the securities are suitable for listing;
• the issuer is suitable for listing – this is also an assessment Ogier will make;
• investors are given sufficient information to enable them to make an informed assessment of the issuer and the securities;
• the issue and trading (if any) of the securities is conducted in a fair and orderly manner;
• all holders of listed securities of the same class are treated fairly and equally; and