¿What is BME Growth (former MAB)?

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    The Mercado Alternativo Bursátil (MAB) is a multilateral trading system.

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    Four types of companies are listed: Growth companies, SICAV (open-ended investment schemes), SOCIMI (Listed real-estate investment trusts) and ECRs (Venture Capital firms).

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    It is managed by Bolsas y Mercados Españoles (BME) and supervised by the Comisión Nacional del Mercado de Valores (CNMV) of Spain.

Aimed at small-cap companies seeking to expand

A bespoke regulation

Costs and processes tailored to your particular characteristics

Two business segments:
Growth companies and SOCIMI

Requirements to be listed in BME Growth

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    Be a public limited company

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    Comply with transparency requirements

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    Commitment with reporting company’s information

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    Appoint an Asesor Registrado (Listing Sponsor) and a liquidity provider

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    Shareholder dissemination: shares held by shareholders holding less than 5% of the equity capital must represent more than €2 million.

What is a BME Growth’s Asesor Registrado?

The Law 5/2015, of 27th April, on the Promotion of Business Financing, included, multilateral negotiation systems rules the requirement to have an Asesor Registrado

Asesores Registrados must ensure that issuers properly comply, both formally and substantively, with their reporting obligations to the governing body and investors.

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Guides and regulations

PMS helps companies that want to be listed on the BME Growth market (former MAB).