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Sunday, April 30, 2017 
Market Status: CLOSE
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Listing process

The steps of becoming listed on AeRO can be following:

On a case by case basis, if the company carries out either a private placement or an initial public offering, other steps will be added to the list above.

In order to be listed on AeRO a company should prepare a Presentation Document, according to the Technical Specifications.
The company’s Presentation Document, referred to as Memorandum, shall be drafted by the Authorized Advisor together with the company applying for listing on AeRO.
The Memorandum shall contain information regarding the company’s identification details, history, a description of the business, a presentation of the latest financial results available and of the business development plan.

The post listing requirements for companies listed on AeRO are less stringent as for companies listed on the Regulated Market. Companies have to fulfill requirements related to transparency and reporting, on three levels:

  • Annual reports, including: financial statements, notes to financial statements, the management report and the audit report
  • Half-year reports, including balance sheet, P&L account, management report
  • Current reports on decisions of general shareholders meetings or management boards acting as delegated by shareholders, mergers/splits projects, litigations, procedure of insolvency, reorganization or bankruptcy etc

AeRO Contact


Issuers Department

e-mail: ats@bvb.ro
phone: +4 0213 179.922