Monday, April 29, 2013

Irish Stock Exchange Listing Rules

Having a society's shares traded on the ISE allows it to receive access to the Irish investing regular and accrual the definite's publicity by reason of native land


The Irish Inventory Convert (ISE) is Ireland's leading inventory interchange. Having a society's shares traded on the ISE allows it to receive access to the Irish investing popular and cumulation the certain's publicity thanks to sovereign state.


For a gathering to receive a listing on the ISE, i.e. for its shares to be admitted to trading on the modify floor, it should felicitous the ISE's listing rules.


Thirdly, the expected aggregate value of all securities to be listed must be at least €1,000,000 for shares (which will be the market capitalization of the company) and €200,000 for debt securities.

Prepare a prospectus or listing particulars

Prospectus (or listing particulars, if a prospectus is not required) is the main admission documents for a company seeking a listing on the ISE. It contains all the relevant and necessary information stock exchange's investors need to make an informed decision of whether to buy the company's shares, including the company's business description, history, corporate governance, growth prospects, and audited financial reports.




In order to be eligible for a listing on the ISE, a company must meet certain conditions. First, it needs to be properly incorporated or otherwise validly established. Secondly, the securities that are to be admitted to the exchange must be valid and conform with the law of the applicant's place of incorporation or establishment, further as being transferable, meaning that its ownership can pass freely from one individual or firm to another.

Appoint a sponsor

The Irish Inventory Exchanges requires every partnership seeking a listing on its modify to nominate a sponsor--an exchange's member firm that is often also a stockbroker on the exchange floor. The application for listing a new company has to be submitted by the sponsor.

Conform with the conditions for listing