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ATT Only - testing the water without taking the plunge
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The London Stock Exchange ("LSE") has recently extended the scope of its Admission to Trading Only route to admission ("ATT Only"). The intention behind ATT Only is that issuers which aspire to undertake a full listing in London but which are not currently in a position to do so, for a valid reason such as regulatory constraints in their home jurisdictions, are able to 'test the water' and evaluate the merits of a future listing, whilst benefitting from immediate exposure to the London investment and trading community.
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