Explains the main reasons why a company may choose to list its equity, Malta as an EU listing option, the eligibility criteria and timing.
Why Listing
Why Malta
Malta Listing - Eligibility & Process
To be eligible to list equity securities on the Malta Stock Exchange, the applicant must be an incorporated company, having its Memorandum and Articles of Association in conformity with listing rules. This implies that its equity must be duly authorised in accordance with the applicant’s place of incorporation and be freely transferable.
The application for admission to listing is made to the Listing Authority within the Malta FSA. On authorisation, the financial instruments will become admissible to listing on the Malta Stock Exchange. The appointed Sponsor will submit the application, including a:
Copy of the Offering Memorandum for the approval by the Listing Authority;
Board resolutions authorising the issue.
The minimum market value of securities for Official Listing in Malta is €1,000,000 (issues of the same class are not subject to such limit), supported by an equivalent fully paid-up share capital (including preference shares but excluding redeemable preference shares). The shares for listing must account to at least 25% of the Class of Shares.
Such listing might be particularly attractive for small-medium sized companies wanting to internationalise or access the EU market.
Malta Stock Exchange Listing - Timeline
For further information please contact Fiduscorp:
Mario Buttigieg - Managing Director
Email or Skype: mario@fiduscorp.com
Tel or Whats App: 00356 99829824
Disclaimer
Copyright Notice: ©2018 FIDUSCORP Limited. The contents of this article have been prepared for informational purposes only and do not constitute or contain any type of advice. Neither the publication of such information nor your receipt of it will create a commercial or legal relationship. Consequently, you should not act or rely upon the information contained in this article without seeking professional council. All rights reserved.