Practice Areas > Investment Services, Fintech & Capital Markets > Capital Markets > The Official List
Overview
This principal market/main market or official market is for qualifying companies under Chapter 3 of the Listing Rules. To be eligible to list on the Official List the Company must be/have:
- An incorporated company- with a memorandum and articles of association which in conformity with Listing rules;
- The security must be duly authorized in accordance with the Company’s place of incorporation;
- A minimum paid-up share capital of 1 million Euros in the case of equity listings;
- A minimum of €250,000 in the case of debt listings;
- In the case of equity securities companies must have at least 25% of the listed equity securities in public hands.
Fees
In accordance with Listing Rule 1.2 of the Listing Rules, every Application for Admissibility to Listing must be accompanied by an initial (processing) non-refundable fee in accordance with the following scales.
- On the first €11,646,866.99 – Increment per 2,329,373 – €1,164.69 – Minimum €2,329.37
- On the next €11,646,866.99 – Increment per 2,329,373 – €2,329.37
- On the next €23,293,733.99 – Increment per 2,329,373 -€1,863.50
- On the excess – Increment per 2,329,373 – €1,630.56 (maximum Maximum €58,234.33).
How we can help
Prior to being admitted to List, any prospective issuer requires ‘Admissibility to Listing’ from the MFSA. The prospective issuer will need to find a Sponsor/Corporate Advisor, this is where we come in. Gonzi & Associates, Advocates will guide you through the entire Listing process and will also liaise with the MSE and the Listing Authority on your behalf.