Listing on the Euro MTF market will require submission of a prospectus to LuxSE. Once the prospectus has been reviewed and approved, the security 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.
In the majority of cases, we are able to revert to you in less than 24 hours after submission of the updated draft prospectus.
Final submission
Listing can only take place once the prospectus is clear of comments and after receipt of the following:
Final version of the prospectus
First listing price (current market price)
Closing confirmation
Split of RegS - Rule 144A Notes (if applicable)
For more information about the application process, see Part 1, Chapter 4 of our Rules & Regulations.
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.