Listing a share/GDR on the Euro MTF

Listing on the Euro MTF will require submission of a prospectus to LuxSE. Once your prospectus has been reviewed and approved, your share or GDR will be listed and admitted to trading.

  • In order to list on the Euro MTF, a security must fulfil the following criteria, among other things:

    • Minimum capital of  €1,000,000, or equivalent value in other currencies
    • Minimum public free float of 25%
    • Securities should be eligible for clearing and settlement
    • Securities should be freely negotiable and fungible

    See Part 1, Chapters 6 and 7 of the Rules & Regulations for full details of our listing requirements.

  • File a prospectus
    To begin the listing process, complete the following documents and send them to

    • A copy of your prospectus;
    • Application form
    • Undertaking letter
    • Articles of association
    • Existing agreements/conventions
    • The last three annual financial reports (if published)

    Prospectus review
    A first set of comments on a complete draft prospectus will be sent to you within a maximum period of three business days from the date of receipt of the filed application.

    Additional comments following submission of an updated draft prospectus will be provided within a maximum of two business days after submission.

    Final submission
    Listing can take place after receipt of the following items:

    • Final version of the prospectus
    • First listing price
  • All fees are to be paid to LuxSE and are priced in euros. The fee structure will vary depending on whether or not you are a  “recently established company”, i.e. a company that has not published or registered annual accounts for the three previous financial years.

    • Approval fee
      (if and as applicable)
      First listing Subsequent listing
        2,500 1,250
      Listing fee First listing Subsequent listing
        2,500 1,250
      Maintenance fee Quotation line Per year
        1st line 2,500
        2nd line 1,875
        3rd line 1,250
        4th line 625
        Subsequent line 625

    For more details about fees, see our listing fees booklet.

  • After listing and admission to trading, issuers must fulfil specific reporting obligations. For example, issuers must file information and scheduled corporate events with LuxSE. Details are contained in Chapters 9 and 10 of LuxSE’s Rules & Regulations.

    Issuers listed on the Euro MTF market can take advantage of LuxSE’s FIRST, an integrated tool that enables issuers to publish and disseminate information. By using FIRST, you will fully comply with all regulatory reporting obligations.

  • In the context of MiFID II / MiFIR and MAR, the LuxSE is obliged to collect a ‘Legal Entity Identifier’ or ‘LEI’ code from any issuer operating on its regulated market (Bourse de Luxembourg) and on its Multilateral Trading Facility (Euro MTF) and communicate it to the relevant supervisory authorities.

    You can apply for and renew an LEI code directly via LuxSE.

    LEI code

Do you need further information?

Contact us

Alex Picco

Head of Listing

+352 47 79 36 261
Carlo Oly

Head of Relationship Management

+352 47 79 36 227