Following regulatory approval by the Austrian Financial Market Authority (FMA), the Vienna Stock Exchange’s market segment direct market plus is officially registered as an EU SME Growth Market with effect from today. This will further facilitate access to the capital market for small and medium-sized enterprises and growth companies – for example, through exemptions from the requirement to draw up a prospectus for capital increases and a reduced scope of the prospectus when moving up to the prime market or standard market (Official Market). The legal basis for the registration was established with the national implementation of the EU Listing Act.
The direct market plus is aimed at small and medium-sized enterprises and growth companies seeking a simple and cost-effective entry into the capital market. The market segment of the Vienna MTF offers companies the opportunity to make their shares tradable on the Vienna Stock Exchange, gain capital market experience and lay the foundations for further financing steps. Eleven companies are currently listed on the direct market plus.
