What is the minimum market value that must be achieved for shares to be issued to the public?

In the context of shares being issued to the public, the minimum market value requirement typically refers to the threshold that ensures there is sufficient investor interest and capital for the company. The amount specified as £700,000 indicates a compliance measure aimed at ensuring that companies maintain a substantial level of market capitalization, which is necessary for public share issuance.

This figure serves to protect investors by ensuring that companies have a viable market presence and that they are not issuing shares at an undervalued level, which could pose risks to potential investors. The requirement aligns with regulatory standards to promote fair trading and transparency in the public markets.

While the other figures may suggest varying levels of capitalization, £700,000 has been established as the minimum market value for public issuance in this context, ensuring that there is a baseline level of financial integrity and investor confidence before a company can go public.