LJUBLJANA (Slovenia), June 27 (SeeNews) – The Ljubljana Stock Exchange said on Thursday it has added law firm Odvetniska druzba Brezovec to the list of advisers to the Progress Segment of the SI ENTER MTF market dedicated to the issuance of securities of small and medium-sized enterprises (SMEs).
The role of the adviser is to prepare an issuer for functioning on the Progress Segment of the MTF market, the LJSE said in a statement.
The advisors will also be responsible for preparing the documents on the classification of securities of the issuer onto the Progress Segment and the monitoring of the issuer after the listing of its securities for a period of at least two years from the date of listing.
In December 2017, the Ljubljana Stock Exchange, in a joint effort with the Zagreb Stock Exchange, unveiled a new trading platform intended for SMEs. The Progress Market is an alternative market managed by the exchange and is characterised by its lower transparency requirement for issuers compared to the regulated market.