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.
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:
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.
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.