who can list-21

Only a Public Limited Company can be listed in SME Platforms so if you are a Private Limited Company, Proprietary Firm or a Partnership Firm, first of all, conversion to a Public Limited Company is required.

THE ELIGIBILITY – PROSPECTS

PARAMETER LISTING CRITERIA
Share Capital
  • Minimum issued and fully paid up of 46.588,00 €
Track record
  • Track record is not required. PROSPECTS is the only SME platform available for start-ups
IPO
  • No minimum IPO size required(*),
  • No minimum percentage of shares to be issued

(*) although target IPO is between 1-5 mil. Euro

Lot Size
  • No minimum application and trading lot size required
OTHER REQUIREMENTS


Prospects allows the issuing of bonds with the following requirements:
  • No minimum value of IPO
  • 100% of the bonds need to be issued onto the market through the IPO
  • Cost-effective target is closest to €5 million

 

LISTING FEES (PAYABLE TO MALTA STOCK EXCHANGE)
  • €5,000 applicable for admission of equity or debt securities to Prospects
  • Where the MSE requires additional skills and resources in order to process an admission application, additional costs may apply.
Market Capitalization
Annual Fee
On the first €15.000.000 0.1% with a minimum of € 5.000
On the next 35.000.000 0.5%
Above € 50.000.000 No additional fees

 

We are pleased to answer any further question or request for details and to start looking together into the potential application of PROSPECTS listing to your company.

Please feel free to contact us through the following form:

Only a Public Limited Company can be listed in SME Platforms so if you are a Private Limited Company, Proprietary Firm or a Partnership Firm, first of all, conversion to a Public Limited Company is required.

THE ELIGIBILITY – PROSPECTS

PARAMETER LISTING CRITERIA
Share Capital ·        Minimum issued and fully paid up of 46.588,00 €
Track record ·        Track record is not required.

PROSPECTS is the only SME platform available for start-ups

IPO ·        No minimum IPO size required(*),

·        No minimum percentage of shares to be issued

(*) although target IPO is between 4-5 mil. Euro

Lot Size ·        No minimum application and trading lot size required
OTHER REQUIREMENTS

·        Admission granted by MSE plc.

·        Corporate Advisor required “Prospects and Corporate Governance issues”

·        Business Plan required “The business plan key point and goals”

·        Financial statements must be audited

·        Not passportable within the EU

·        Appropriate Corporate Governance

·        Ensure that M&A or equivalent constitution document satisfies the relevant requirements as outlined in Rule 4.01.01 “Prospects Rules”

·        Financial solvency for at least 12 months from the time of admission is expected upon reasonable assumptions

·        Maintain a corporate website containing at least the same company specific information required to be disclosed under the Rules “Prospects – The Rules”

PROSPECTS ALLOWS THE ISSUING OF BONDS WITH THE FOLLOWING REQUIREMENTS:

  • No minimum value of IPO
  • 100% of the bonds need to be issued onto the market through the IPO
  • Cost-effective target is closest to €5 million

 

LISTING FEES (PAYABLE TO MALTA STOCK EXCHANGE)

  • €5,000 applicable for admission of equity or debt securities to Prospects
  • Where the MSE requires additional skills and resources in order to process an admission application, additional costs may apply.
MARKET CAPITALIZATION ANNUAL FEE
On the first €15.000.000 0.1% with a minimum of € 5.000
On the next 35.000.000 0.5%
Above € 50.000.000 No additional fees

 

We are pleased to answer any further question or request for details and to start looking together into the potential application of PROSPECTS listing to your company.

Please feel free to contact us through the following form:

 

NAME & SURNAME *

EMAIL *

MESSAGE *