What is the Technical Listing?

Es una de las formas que tienen las empresas para salir a Bolsa, con la particularidad de que no es necesario que ninguna acción cambie de dueño, frente a las Ofertas Públicas de Venta o las Ofertas Públicas de Subscripción, en las que, coincidiendo con el momento de la salida a Bolsa, hay compraventa de acciones viejas o subscripción de acciones nuevas. Click here for more information

2020-09-18T15:00:53+00:0011 November, 2019|

Can SOCIMI be listed on Euronext?

Yes, article 4 of the LEY 11/2009, 26/10 Sociedades Anónimas Cotizadas de Inversión en el Mercado Inmobiliario establishes that “SOCIMI shares shall be admitted to trading on a regulated market or on a Spanish Multilateral Trading Facility or on any other European member state…”

2019-11-15T15:04:19+00:0011 November, 2019|

Can a company with no shareholders be listed and traded?

The different Euronext markets are adapted to welcome from Sociedades Anónimas Unipersonales (single-member corporations), to family-owned businesses, companies with a reduced number of shareholders that do not wish to initially change their shareholding structure (Technical Listing) or the contrary, those companies that seek to raise capital through an IPO.

2019-11-11T11:10:43+00:0011 November, 2019|

What is the minimum number of shareholders needed to be listed and traded?

The different Euronext markets are adapted to welcome from Sociedades Anónimas Unipersonales (single-member corporations), to family-owned businesses, companies with a reduced number of shareholders that do not wish to initially change their shareholding structure (Technical Listing) or the contrary, those companies that seek to raise capital through an IPO.

2019-11-11T11:10:09+00:0011 November, 2019|

Differences between being listed on MAB and Euronext

MINIMUM MANDATORY REQUIREMENTS LISTING 
REQUIREMENTS MAINTENANCE
 REQUIREMENTS MAB EURONEXT MAB EURONEXT LEGAL DD ✔ ✔ FINANCIAL DD ✔ x ANNUAL AUDIT ✔ ✔ ✔ ✔ ABBREVIATED ANNUAL ACCOUNTS If applicable ✔ x COMFORT LETTER ✔ x BUSINESS PLAN ✔ ✔ ✔ x COMPANY VALUATION ✔ ✔ ASSET VALUATION ✔ ✔ ✔ x AGENT BANK ✔ ✔ ✔ ✔ LIQUIDITY PROVIDER ✔ x ✔ x FREE-FLOAT (€2 MILLION, 20 MINORITY STAKEHOLDERS (Not applicable to kin)) ✔ x ✔ x CASH DEPOSIT (€150k-€300k) ✔ x ✔ x SHARES DEPOSIT(150k-300k€) ✔ x ✔ x TECHNICAL LISTING ✔ ✔ CAPITAL RAISE, PRIVATE PLACEMENT (DAR, DAC) ✔ x LOCK-UP (1 year) ✔ x

2020-01-07T19:00:06+00:0011 November, 2019|

What are the main differences between the different Euronext Markets?

EURONEXT ACCESS EURONEXT ACCESS+ EURONEXT GROWTH EURONEXT (A/B/C) INITIAL ADMISSION Free-float Non applicable €1m €2.5m 25% or 5% if>€5m Financial Statements Last 2 years (unaudited) Last 2 years (last year audited) or pro forma accounts Last 2 years (audied) or pro forma accounts Last 3 years (audited) Intermediary Listing Sponsor Listing Agent Document to be provided Information Document* (or EU Prospectus in the case of IPOs) Information Document or EU Prospectus EU Propspectus

2020-09-15T16:09:12+00:0011 November, 2019|
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