Reads a bit like legal gymnastics, or maybe an admission that the regulations around publicly listed companies are too difficult to meet for smaller players. L

Reads a bit like legal gymnastics, or maybe an admission that the regulations around publicly listed companies are too difficult to meet for smaller players. Less regulation, but in turn it's not as public ("Only institutional investors, employees of participating companies and investors who can meet the definition of high net-worth individuals and self-certified or certified sophisticated investors under the Financial Promotion Order (FPO), will be able to buy shares on PISCES"). Also no issuing of new shares and no buybacks, only trading of existing shares.