How to list a security

Those companies, which want their securities to be admitted to and listed on the PFTS Stock Exchange regulated market, need to make an agreement with the stock exchange and fulfill specific criteria.
The conditions of admission of all securities to trading on the PFTS Stock Exchange are laid down in the PFTS Rules, Law on Securities and Stock Market dated on 23 February 2006 and the Regulation #1542 of the Ukrainian SEC dated 19 December 2006 defining the conditions to be fulfilled by the official stock exchange listing market and the issuers of securities admitted to trading on the market.

Basic PFTS Listing Requirements
  1. SEC registration of securities issue.
  2. Profitable activity during previous years.
  3. Financial reporting for two previous years and auditor report for the last fiscal year.
  4. Last annual report of the issuer & information about principal shareholders.

Disclosure Requirements to the Issuer, which Securities Listed on PFTS Stock Exchange
  1. Financial & economic results reporting on regular basis (annual and quarterly information).
  2. Reporting of additional information, which may influence on financial and economic state of an issuer and result in considerable change of price on its securities, in accordance to the Law on Securities and Stock Market, incl.:
  • information about IPO, which size exceeds 25% of Statutory Capital;
  • information about redemption of own equities;
  • information about loans, which size exceeds 25% of issuer’ assets;
  • information about changes in the Board;
  • information about changes in the structure of principal shareholders (owners of 10% stakes and higher).
 

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