Admission to Market
Subject to the Law on the Market on Securities and other Financial Instruments (Article 42), the issuers of securities issued by public offering are obliged to apply for admission of shares to the regulated market or to apply for admission of shares to the unregulated market within three days from registering the securities into the Central Registry of Securities and opening an issuing account.
For admission to the unregulated market the issuers are obliged to submit the Contract on inclusion into the unregulated market signed by the issuer, the issuer’s prospectus and other documentation prescribed by the Exchange Rules of Business Operation. There are no special criteria for inclusion of shares into the unregulated market of the Belgrade Stock Exchange.
In case the issuer does not apply for admission of shares into the unregulated market in compliance with the Law, by-laws of the Securities Commission and Exchange Rules, the shares are included into the unregulated market at the request of the Issuer’s shareholder, who is obliged to submit, in addition to the request (the form of which is determined by the Exchange Managing Director), additional documentation and proofs required by the Exchange Rules.
For admission to the regulated market (Prime and Standard Market) the issuers are obliged to submit to the Exchange the documentation prescribed by the Listing and Quotation Rules. These Rules prescribe additional requirements for admission of securities to the Prime and Standard Market of the Belgrade Stock Exchange.
-0,40%
0,00%
0,17%
%