BME Growth
The BME Growth is a sub-market of Bolsas y Mercados Españoles (BME), the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets, which includes the stock exchanges in Madrid, Barcelona, Bilbao and Valencia.
 | |
| Type | Stock Exchange |
|---|---|
| Location | Madrid, Spain |
| Founded | 2008 |
| Owner | Bolsas y Mercados Españoles |
| Key people | Antonio Giralt, chairman |
| Currency | EUR |
| No. of listings | 8 |
MAB, created in 2008, is akin to London's AIM, Frankfurt's Neuer Markt or Paris' Nouveau marché, and allows smaller companies to float shares with a more flexible regulatory system than is applicable to the main market.[1]
To join the MAB, companies must have fully paid-up capital, audited accounts and list through an initial public offering with a minimum free float of €2m.
The first listing on MAB, Zinkia, took place in July 2009 and managed to raise €7m.[2]
References
- Spain set to launch alternative trading platform for small-caps ft.com Jeremy Grant, Financial Times, May 30, 2008
- El MAB da la bienvenida a Zinkia con un informe de incorporación favorable eleconomista.es El Economista, July 6, 2009 (in Spanish)
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