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Sophos sale hampered by FCA Change in Control blunder

Today was meant to be Brit security biz Sophos’s last day on the London Stock Exchange following its £3bn purchase by a US venture capital company.

But there’s been a bump in the road, a stick in the wheel, because Sophos was a member of the UK government’s “cycle to work” scheme – which offers staff loans to pay for bicycles and related stuff like lights, helmets and panniers.

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10th Jan 2022 FCA have issued policy Statement PS22/1 – FCA authorisation application fees – new structure

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