(Vienna) Following regulatory approval by the Austrian Financial Market Authority (FMA), the Vienna Stock Exchange’s market segment direct market plus is officially registered as an EU SME Growth Market with effect from today. This will further facilitate access to the capital market for small and medium-sized enterprises and growth companies – for example, through exemptions from the requirement to draw up a prospectus for capital increases and a reduced scope of the prospectus when moving up to the prime market or standard market (Official Market). The legal basis for the registration was established with the national implementation of the EU Listing Act.
The direct market plus is aimed at small and medium-sized enterprises and growth companies seeking a simple and cost-effective entry into the capital market. The market segment of the Vienna MTF offers companies the opportunity to make their shares tradable on the Vienna Stock Exchange, gain capital market experience and lay the foundations for further financing steps. Eleven companies are currently listed on the direct market plus.
About the Vienna Stock Exchange
As the central infrastructure provider in the region, Wiener Börse AG opens doors to global markets. It unites the stock exchanges in Vienna and Prague. Listed companies benefit from maximum liquidity there, and as the market leader it offers investors fast and inexpensive trading. Wiener Börse collects and distributes price data and calculates the most important indices for a dozen markets in the region. Thanks to its unique know-how, the national exchanges in Budapest, Ljubljana and Zagreb also rely on the IT services of the Vienna Stock Exchange. In addition, it is involved in other energy exchanges and clearing houses in the region.
Disclaimer
This press release may contain certain forward-looking statements and projections based on assumptions current at the date of this press release. We assume no liability whatsoever that these forward-looking statements will occur. Furthermore, we expressly point out that this press release does not serve as a basis for an investment decision and constitutes neither an invitation to buy nor an investment recommendation by Wiener Börse AG. The information in this press release is provided without guarantee.
