The Frankfurt Stock Exchange Prime Standard segment is ideal for larger-size companies. The Prime Standard segment of the Frankfurt Stock Exchange is the highest segment of the Frankfurt Stock Exchange and its regulated official market, which means that it is an EU regulated stock exchange and that the financial reporting requirements are governed by the German Securities Trading Act, and subsidiarily, by the Exchange Rules for the Frankfurt Stock Exchange.
Frankfurt Stock Exchange Prime Standard listing requirements:
The following are the general requirements for listing the Issuer on the Prime Standard segment of the Frankfurt Stock Exchange EU Regulated Market (hereinafter “Frankfurt Stock Exchange”) plus XETRA.
- Minimum age of company—3 years (exemptions possible);
- Minimum issuing volume—minimum market capitalization of €1.25 million;
- Minimum 30 shareholders;
- Free float minimum of 25%;
- Equity capital minimum of €1.25 million (cash at some time in past or present);
- Nominal issuing volume minimum of 10,000 shares;
- EU approved prospectus (underwritten by company + bank/FWB-member);
- 3 years audited financials—IAS/IFRS (or adequate for Non-EU issuers);
- And other listing documents, forms, applications and requirements.
Estimated Time to Listing—Approximately 6 to 8 months