Equity shares (commercial companies) - ESCC
- Minimum market capitalisation
- USD 38m
- Minimum free float
- 10%
- Track record
- Not specified
- Profit required
- No
- Minimum shareholders
- Not specified
- Lock-up
- Not specified
Exchange comparisons
LSE Main Market or Euronext
Listing requirements of LSE Main Market and Euronext compared from the directory data. Check the primary sources before making decisions.
Data checked: 6 November 2026
Key facts
| London Stock Exchange - Main Market | Euronext | |
|---|---|---|
| Location | London, United Kingdom | Paris / Amsterdam, Pan-European (France, Netherlands, Belgium, Italy, Ireland, Norway, Portugal) |
| Regulator | Financial Conduct Authority (FCA), UK Listing Rules (UKLR) | National regulators: AMF (France), AFM (Netherlands), FSMA (Belgium), CONSOB (Italy), Central Bank of Ireland, Finanstilsynet (Norway), CMVM (Portugal) |
| Trading currency | GBP | EUR |
| Indicative timeline | Not specified | Not specified |
| Listing segments | 1 | 2 |
Segments side by side
Figures by segment from the exchange rulebooks. Not specified means the rule does not set the figure or it has not been verified yet.
LSE Main Market
Euronext
Euronext (regulated market)
- Minimum market capitalisation
- Not specified
- Minimum free float
- 25%
- Track record
- 3 years
- Profit required
- No
- Minimum shareholders
- Not specified
- Lock-up
- Not specified
Euronext Growth (MTF, SME growth market)
- Minimum market capitalisation
- Not specified
- Minimum free float
- Not specified
- Track record
- 2 years
- Profit required
- No
- Minimum shareholders
- Not specified
- Lock-up
- Not specified
London Stock Exchange - Main Market
Who each exchange suits
- Large and mid-cap companies seeking deep international institutional demand
- Issuers wanting a low 10% free float and flexible governance (dual-class allowed under UKLR)
- Companies without a 3-year revenue track record, since eligibility tests were removed in 2024
What to check
- Mandatory FCA-approved sponsor and full prospectus with 3 years of audited financials
- Minimum market value of GBP 30m at admission and ongoing UK disclosure and governance obligations
Euronext
Who each exchange suits
- Companies seeking EU passporting and access to a pan-European investor base
- SMEs and growth companies via Euronext Growth with 2 years of accounts and EUR 2.5m minimum float
- Issuers wanting a lower free float under the Listing Act (down to 10%)
What to check
- Rules and supervision vary by country of the Euronext venue
- Regulated market needs 3 years of audited accounts and an approved prospectus
- 10% free float depends on national transposition of the Listing Act
Requirements change. Always confirm with the exchange and the regulator before making decisions. Educational material. Not investment, legal or tax advice.
Other comparisons
Which of the two fits your company?
Eurasia Consulting Group compares exchanges on the numbers and structure of a specific company.
Information on this site is educational. It is not investment advice, an offer of securities or financial advice. Exchange requirements change; always check the primary sources. Full disclaimer