Listing of Shares: Obligations for the company after the listing

For a company, listing on a stock exchange means entering a new stage of corporate development in which the company offers a new product - the company's shares - on its shelf.
 
As with any new product, a company's shares need proper promotion and appropriate corporate communication to remain attractive to both existing and potential new investors. When promoting a company's shares, it is important to take into account the rules of corporate communication that apply in the capital market.
 
The level of obligations for listed companies varies depending on the type of market, the type of security, but in general they relate to the following areas:
 
Business reporting                                                                                                                                                    It is important for investors to be kept informed on an ongoing basis about the company's business and any significant developments that may affect the share price (inside information). In ensuring transparency, it is crucial that the company publishes reliable information that will help investors decide on their future investment moves, including any negative information. Disclosure of business information includes the publication of periodic financial reports on business performance. Communication on significant events includes information on significant investments, corporate changes, takeovers, legal proceedings, new products and services, etc.
Investor relations                                                                                                                                                                                  A listed company should have a contact person within the company who is responsible for communicating with investors, both existing and new investors. In order to communicate with investors, it is useful for the company to also establish contact with analysts, to organise analysts' meetings with investors or for the company to attend such meetings where company representatives directly provide investors with specific information about the company's business. Good investor relations can help to put a company on the radar of major financial institutions and thus widen its opportunities for additional financing. At the same time, good relations with investors and gaining their trust are a necessary step to ensure that they will stand by the company even in bad times and provide additional support when needed.
More on reporting obligations for listed companies.

Place of Publication
The stock exchange enables companies to fulfill all their obligations regarding the appropriate public publication of the required information in one place and in an easy way, so that with one entry in the SEO system, companies fulfill all 3 obligations regarding public publication, namely:
  • public announcement on SEOnet,
  • submission of information to the officially appointed mechanism - INFO HRAMBA,
  • notification of the Securities Market Agency on all published information.