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Tread boldly into the future, with EQ

EQ Support the First PISCES Launch

EQ are proud to announce that we are supporting TPEIC as they launch on the LSE’s Private Securities Market, the first transaction under the PISCES framework.
 
In delivering this inaugural transaction, EQ demonstrates the operational readiness and expertise required to support private companies on their PISCES journey.

Read our Press Release

Understanding PISCES, The New UK Regulatory Framework

We're pleased to share an informative webinar on PISCES where we will discuss the new UK regulatory framework enabling secondary markets in private company securities. Watch EQ's Tom McCulloch, Relationship Director, Corporate Dealing and Steve Banfield, Business Development Director as they explain the key aspects of the PISCES framework, how the markets will work, and outline some of the key considerations for companies looking to use it.

Watch Now

Preparing for PISCES with Marketplace Matters at the London Stock Exchange

Listen to Danielle Baker and Tom McCulloch as they talked further about PISCES at the London Stock Exchange with Emma Sisson for Marketplace Matters - a new UK government-backed framework that allows private companies to have their shares traded using public market infrastructure on a periodic basis. For companies who are considering using this, it's time to prepare.

Watch Now

Pioneering Through Challenges: THG and Ingenuity's Success Story.

At EQ, we're proud to provide innovative solutions to support our customers, and the recent demerger of THG PLC's subsidiary, The Hut.com Limited (Ingenuity) gave us the chance to do just that.

Read case study

Our Private Securities Market Solution

We offer a complete service model designed to meet the needs of private companies operating on the Private Securities Market:

End-to-End Auction Lifecycle Management - Expert support throughout setup, auction execution, and future planning.

Security Set-Up & CREST Activation - Seamless creation and enablement of electronic securities.

Register Take-On - Full migration of your shareholder register, tailored for private market requirements.

Paperless Stock Delivery into CREST - Efficient, digital onboarding of shares into the CREST settlement system.

Escrow Agent Services - Restrict share transfers between auctions via Euroclear — EQ is currently the only registrar operating this service.

Registered Auction Agent Services - As a London Stock Exchange member firm, we provide regulated dealing services for high-net-worth individuals, employees, and corporate entities.

All in the detail

As PISCES develops, understand the possibilities, with EQ.

  • Shareholder Access to the LSE Disclosure Portal: Enable secure access to company disclosures and permissions for auction participation.
  • Investor Validation Monitoring: Real-time monitoring of disclosure data to assist in approving participants for each auction.
  • Direct Link to the LSE’s Private Securities Market: A fully integrated route for placing and managing auction orders.
  • Custody Nominee Services: Hold shares electronically in CREST via our nominee structure for long-term investors.
  • Cashless Exercise Dealing Services: Allow employees to exercise options and cover costs from sale proceeds – with repayments routed to payroll and FX payments for international participants.
  • Corporate Custody & Trading: Market-leading support for corporate shareholders. 
  • Streamlined KYC: Light-touch approach for employees and a digital KYC journey for non-employees.

Our Expert Team

Steve Banfield
Business Development Director, Investment Services

Thomas McCulloch
Relationship Director, Employee Services

Anne-Marie Clarke
Industry Director, Investment Services

Richard Wheatley
Managing Director, Corporate Advice

You can trust in EQ, your all-in equities partner

Proven track record in regulated markets

Deep experience with LSE, Euroclear, and private company structures

End-to-end capability – from register management to auction execution

Ready to Get Started?

Speak to our specialist team to explore how EQ can support your company’s journey into the PISCES framework and to unlock new liquidity opportunities.

CONTACT US

Sign-up For Future Updates

Sign-up for our monthly industry news update ‘Bulletin’. It includes the latest about PISCES and keeps you informed about key EQ industry events and webinars.

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