What should the minimum size/valuation of a company be to be listed?
There is not a minimum size requirement to be met in order to be listed. Access to this market should be considered as a step prior to companies´ expected growth and future needs.
Can a Private Equity Fund invest in a listed company?
Yes, Private Equity Funds are authorized to invest in companies listed on Multilateral Trading Facilities and maintain their investments without time restrictions.
Do my company shares have to be traded every day?
No, Euronext does not demand a company's shares to be traded a minimum number of days.
What requirements does the company have to meet in order to be listed?
EURONEXT ACCESS EURONEXT ACCESS + EURONEXT GROWTH EURONEXT (A/B/C) PERMANENT REQUIREMENTS Informes financieros anuales Yes Informe anual auditado Informes financieros semestrales No requerido Informe anual no auditado Informe semestral auditado Información confidencial que afecte al precio, lista de personas con información privilegiada, encuesta de mercado Aplicable (Directiva Abuso de Mercado) Declaracion de transacciones Aplicable (Directiva Abuso de Mercado) Declaraciones de incumplimiento de umbrales (Detención de capital. ejemplo: derecho a voto) No Aplicable Aplicable No-lavado de dinero Aplicable website Yes
Who supervises me?
There exists a dual supervision, on one side, that of the regulator where the company is listed and traded and on the other, that of the Spanish Regulatory body (CNMV). In both cases, ArmanexT´s work as Listing Sponsor consists on the supervision, coordination and assistance to the company so all established requirements are met in good time and appropriate manner.
Where do Spanish companies listed on any of the Euronext Markets pay their taxes?
In Spain. Registered office and fiscal residency should not be confused with the market where the shares are listed.
Do I need to change my tax residency?
No, it is not necessary to change the registered office nor the fiscal residency. The company will remain paying its taxes in Spain.
Can I obtain funding or investors on Euronext?
Yes, Euronext is the greatest combination of markets in the continent. There are close to 1,500 listed companies and over 5,000 institutional investors analysing the markets on a daily basis.
What is the Technical Listing?
It is an alternative offered to companies in order for them to list their shares on a Stock Market with the particularity that no shares have to change hands. This contrasts with IPOs, where coinciding with the listing, there is buy and sale share transactions. Click here for more information
Can anyone buy shares of my company?
Only if there are shares available for sale.