Listing a warrant/certificate on Euro MTF

It is not mandatory to appoint a listing agent. Either the issuer itself or a company acting on its behalf can submit requests for approval.

Our listing members can act as a listing agent for you.

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

• Warrants and certificates are eligible for clearing and settlement
• Warrants and certificates are freely negotiable and fungible

See Part 1, Chapters 5 and 7 of the Rules and Regulations for full details of our listing requirements.

File a prospectus
To begin the listing process, complete the following documents and send them to bolide@bourse.lu:

• A copy of your prospectus;
• Application form
• Undertaking letter

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.

All fees are to be paid to LuxSE and are priced in euros.

Maintenance fees are charged per ISIN and are payable up front for up to a maximum of 20 years.

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.

For more information on how to list on the Euro MTF, read our Frequently Asked Questions.