Major check points for listing on AIX

Listings

Major check points for listing on AIX

As a first step please contact AIX Markets to have an overview and guidance on the application process and/or requirements. Please feel free to contact AIX Markets either by clicking here or approaching the team by the following email/phone number: [email protected]/+7 (7172) 23 5366.

Listing requirements

This includes:
  1. Acceptable audited annual financial statements covering a prior period of:
  • 1 years for REM Companies
  • 2 years for Debt Issuers
  • 3 years for Equity Issuers (at least one year is in net profit)
2. If the audited annual financial statements are:
  • Not older than 9 months as at the expected date of listing – then no additional financial statements required
  • Older than 9 months but not older than 15 months as at the expected date of listing – unaudited interim financial statements required that cover at least first 6 months period
  • Older than 15 months but not older than 18 months as at the expected date of listing – audited interim financial statements required that cover at least first 6 months period
  1. For Equity Issuers – minimum free-float (Shares in Public Hands) of at least:
  • 25%
  • 15% for REM Companies
* Subject to MLR11.2, the AIX may waive or modify free-float requirement
  1. At the time of listing appropriate minimum market capitalisation should be:
  • at least $1M for Equity Issuers
  • at least $500k for Debt Issuers
* For REM Companies: at the time of listing and while admitted to the Official List as a REM Company, free-float market capitalisation of Equity Securities on all Regulated Exchanges shall be less than USD200 million

Compliance with Prospectus requirements

The Prospectus Summary made up of the following four sections:
  • An introduction
  • Key information on the Issuer
  • Key information on the Securities
  • Key information on the admission to trading
Contents of Registration document:
  • Information about the issuer
  • Operational financial overview
  • Constitution and organizational structure
  • Assets
  • Capital
  • Management of the issuer
  • Financial information about the issuer
  • Other information relating to the issuer
Contents of Securities Note:
  • Key information
  • Information relating to the securities offered/admitted to trading
  • Terms and conditions of the offer
  • Information relating to the certain classes of securities