General Listing Conditions
For listing of instruments on the Regulated Market the following regular listing conditions have to be met:- the issuer’s legal status:
- the issuer’s incorporation and legal status comply with the regulations of the country of its registered office;
- the issuer has obtained a LEI code;
- the publication of the prospectus and other information:
- obligation to publish a prospectus approved by a competent authority in accordance with Market in Financial Instruments Act or EU Prospectus Regulation; or
- obligation to submit a signed statement of using an exception to the obligation to publish a prospectus;
- instruments are freely transferable:
- the issuance of instruments and settlement of trades in these instruments:
- instruments are validly issued and all conditions for safe settlement of trades are met.
Conditions to begin trading:
- publication of any addendum to the prospectus, should it exist; and
- payment of exchange fees pursuant to Ljubljana Stock Exchange Fee Schedule.
Special Listing Conditions
- Shares Segment
Subsegment Conditions Prime Market - General listing conditions.
- Special Prime Market listing conditions:
- Class of shares:
- Ordinary shares, each giving only 1 vote;
- Quantitative criteria:
- Audited annual reports for 3 business years;
- Minimum capital value: 10m EUR;
- Free float percentage: 25% or more.
- Disclosure standards:
- The issuer undertakes to publish all reports in accordance with International Financial Reporting Standards;
- The issuer undertakes to make at least a summary of its disclosures available in English as well;
- The issuer undertakes to additionally provide quarterly reports, financial calendar and a statement of compliance with the Corporate Governance Code;
- The issuer undertakes to follow good practice set out in Ljubljana Stock Exchange Guidelines for Disclosure.
- Class of shares:
Standard market - General listing conditions.
- Bond Segment
Instrument Conditions Bonds - General listing conditions.
Treasury bills - General listing conditions.
Commercial papers - General listing conditions.
- Structured Products Segment
Instrument Conditions UCITS Units - General listing conditions.
- Special conditions for UCITS Units:
- Information on the fund's investment strategy is available to investors;
- A concluded market making agreement for listed or another applicable mechanism to help investors sell them;
- Regular publication of fund's Net Asset Value.
- Special conditions for the Management Company managing UCITS, regarding competent authority approval:
- License to provide investment fund management services;
- License to manage UCITS, whose units are the subject of the application for listing;
- Approval of the publication of the prospectus in accordance with ZISDU-3;
- Consent to the UCITS Rules of Management.
AIF Units - General listing conditions.
- The following information is available to investors:
- the investment strategy of the fund;
- options for exiting the investment;
- the type or category of investors the mutual fund units are intended for and to whom they may be marketed;
- independent valuation of the fund's assets annually.
- The management rules of the fund and the offer document or prospectus of the fund.
- At least 25% of all issued fund units are publicly available.
- Other information required by relevant regulations.
- Conditions for listing Close-end Fund Shares:
- the Close-end Fund Shares have been issued by an investment company, established and operated in accordance with Chapter 2.4 of the ZOAIS;
- the shares are freely transferable;
- the shares are validly issued and the conditions for the reliable settlement of trades in them are also met;
- fulfilled obligations regarding the prospectus in accordance with Regulation (EU) 2017/1129.
Investment Certificates - General listing conditions.
Warrants - General listing conditions.
Freely transferable rights upon increases of share capital - General listing conditions.
