Cotizar MAB
What a relief these loans bring Payday loans Another type is online advance
EspañolEnglishGalego
How to trade on MAB PDF Print E-mail
alt
MAB is a market for smaller growing companies that wish to expand. It has a customized regulation, specifically designed for them, and its costs and procedures are adapted to the characteristics of these companies. 
 
These companies have significant financing needs, they need to confer value on their business and improve their competitiveness taking advantage of all the tools that a public market offers. These circumstances, along with the recent success of specific markets for growing companies in other countries, are what motivated the creation of the Mercado Alternativo Bursátil (MAB) by Bolsas y Mercados Españoles (BME).
 
ADMISSION REQUIREMENTS.
Those companies that wish to trade on the MAB must be a corporation that is selling products or services, or that has undertaken the relevant steps in order to do so, and that fulfill the following requirements:
 
- TRANSPARENCY:
 
The level of transparency demanded implies a thorough change in the way of thinking of the main shareholders and governing bodies, and also in the way they act. The regulation is adapted to their needs and introduces new delegates: the Nominated Advisor and the MAB itself. Adequate levels of transparency are always met through different mechanisms. 
 
- INFORMATION:
 
The company must assume the commitment to supply all the information required by the MAB.
 
 
- NOMINATED ADVISER AND LIQUIDITY PROVIDER:
 
The company must appoint a Nominated Adviser to guide it through the admission process and its subsequent life as a public company. It also has to subscribe a contract with a liquidity provider to facilitate trading.
 
ADMISSION PROCEDURE
 
The company must provide the following documentation:
 
- Admission Application
 
It will enclose the documentation that proves the fulfillment of the admission requirements.
 
- Initial Informative Documentation
 
Informative admission document to MAB or, where appropriate, registered Brochure in CMNV.
 
- Admission procedure and Incorporation
 
Once MAB has received the application, it will evaluate the requirements demanded and will decide, if appropriate, the company’s incorporation.
 
 THE NOMINATED ADVISER
 
The Nominated Advisor assesses the suitability of those companies that wish to join the MAB and it assists them to prepare the information that is required by MAB at each moment.
All companies must have a designated Nominated Advisor at all times that undertakes the following functions and duties:
- Supervise and advise the company so that it complies with the admission requirements.
- Revise the documentation provided by the company during the admission process and its subsequent life as a public company. 
- Nominated Advisers are always at MAB’s disposal in order to satisfy their questions on the issuer, its activity, fulfillments, etc.
 
 
 
 
 
Read more...
 
Why List in MAB PDF Print E-mail
 The reasons why a company could be interested in joining the Mercado Alternativo Bursátil are varied:
 
a) Financing the company’s growth.
Capital increase, coinciding with its admission to the market or later, is the ideal way of achieving equity to support a company’s growth. Companies jump to the next dimension.
 
b) Objective appraisal of the company
As compared to a company that isn’t listed, the shares of a company that trades on the market have an objective value: market value or the company’s share price. MAB, as all other markets, includes growth expectations and benefits in the appraisal of listed companies, as well as other external variables. This singularity is what differentiates the transaction prices of those operations that take place on a public market from those prices that would be established on other markets. Shares are a high liquidity payment tool that can be used in financial transactions or that also facilitate other kinds of transmissions, such as successions, and that can be a way out for reference shareholders, etc. 
 
c) Liquidity for shareholders
The market offers shareholders liquidity that allows them to make compatible their investment time horizon and the permanent nature of financing the company. Furthermore, the market facilitates the company’s access to a wide investment community that is often institutional, both national and international, and that believe in the project that the company represents and shares with the company its target of maximizing profits. On the other hand, the exit of certain shareholders usually coincides with a moment of change for the company. This change is usually clear in family companies. In this sense, family company and listed company are not excluding concepts, because the possibility of selling part of the shares on a public market doesn’t necessarily mean losing the control of the company. On the contrary, the market facilitates the company’s survival.
 
 
d) Visibility, prestige and brand image
Trading on the market provides the company solvency, transparency and prestige; prestige that is not only recognized by investors, but also by clients, suppliers or financial partners. The consequences are therefore clear: enforcement of the company’s commercial position and improvement of the relationship with suppliers, clients, banks, etc. The company’s image improves due to the publicity offered by the market and its repercussion on the media. In fact, the publicity that accompanies an IPO even has a direct positive impact on sales for different companies.
 
 


RocketTheme Joomla Templates