Listing Conditions
| 
 | Prime Listing | 
|---|---|
| Minimum business operations | 3 years | 
| Business results | positive | 
| Opinion of the authorized auditor | unquilified | 
|  | |
| General conditions during the period of listing | Minimal amount of the capital | 
| EUR 3 million | |
| report on the audit of the Annual Financial Report with expressed unquilified or qualified opinion | |
| issuer's webpage - created both in Serbian and English language | |
|  | |
| Special conditions for shares and depository receipts on shares of issuers | That in the free float there is alternatively: | 
| 
 - at least 25% of total number of issued shares, | |
| that the dividends per preference shares have been paid, if issued - in the way prescribed by the decision on their issue | |
|  | |
| Special conditions for debt securities | the issuer hasn't operated with a loss at the last annual financial report | 
| The value of the issue | |
| at least EUR 3 million | |
| that the issuer's account has not been blocked in the last 180 days | |
| SMart Listing | |
|---|---|
| Only shares and  depository receipts on shares can be listed | |
| Business operations | Three years or less | 
| Business results | - | 
| Opinion of the authorized auditor | Unquilified or qualified opinion | 
| General conditions during the period of listing | At least 1 million EUR and no less than 500.000 EUR under special conditions | 
| Issuer's webpage - created both in Serbian and English language | |
| That in the free float there is at least 25% of total number of issued shares | |
| Shares of minimal amount of capital of EUR 150.000 | |



 
	
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