The Financial Times reports today that the Government is considering reducing the free float requirement for tech companies listing on London from the current 25% to 10%, with the aim of trying to increase the attractiveness of London for tech IPOs. Bloomberg carried a similar report earlier this week. The FT report suggests that consultation on such a rule change would be wrapped into the current FSA review of the Listing Rules (which we discuss here).
See also: FTSE sets minimum 25% free float requirement for inclusion in UK indices
