Obligations of Issuers: Listing Conditions

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.
    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
    Exchange Traded Funds
    (Open-end collective investment undertaking (CIU) shares)
    • General listing conditions.
    • ​Special conditions for Exchagne Traded Funds:
      • A concluded market making agreement for listed Exchange Traded Funds or another applicable mechanism to help investors sell them;
      • Regular publication of CIU Net Asset Value.
    • Special conditions on the CIU management company, regarding competent authority approval:
      • License to manage CUIs;
      • License to manage specific CIU whose Exchange Traded Funds are to be listed;
      • Authorization to publish a CIU prospectus;
      • Approval to CIU administration rules.
    Investment Funds Shares
    (Closed-end collective investment undertaking (CIU) shares)
    • General listing conditions.
    • Special conditions for Investment Funds Shares:
      • A concluded market making agreement for listed shares or another applicable mechanism to help investors sell their shares;
      • Regular publication of CIU Net Asset Value.
    • Special conditions on the CIU management company, regarding competent authority approval:
      • License to manage CIUs;
      • License to manage specific CIU whose shares are to be listed.
    Investment Certificates
    • General listing conditions.
    Warrants
    • General listing conditions.
    Freely transferable rights upon increases of share capital
    • General listing conditions.