Listing Act: publication of texts to make EU capital markets more attractive and facilitate SMEs’ access to capital

A set of measures was published in the OJEU of November 14, 2024 in order to making EU capital markets more attractive for EU companies and will make it easier for companies of all sizes, including small and medium-sized enterprises (SMEs), to be listed on European stock exchanges.

A directive on multiple voting shares was also published in the OJEU. It introduces a framework to facilitate the issuance and use of multiple voting shares and aims to attract and retain high-growth companies in the EU while preserving shareholder protection.

Sources :

• EP and Cons. EU, Reg. No. 2024/2809, 23 Oct. 2024, amending Regulations (EU) 2017/1129, (EU) No. 596/2014 and (EU) No. 600/2014 in order to make the Union’s capital markets more attractive for businesses and to facilitate access to capital for small and medium-sized businesses: OJEU 14 Nov. 2024

• EP and Cons. EU, dir. No. 2024/2811, Oct. 23, 2024, amending Directive 2014/65/EU in order to make the Union’s public capital markets more attractive for businesses and to facilitate access to capital for small and medium-sized businesses, and repealing Directive 2001/34/EC: OJEU 14 Nov 2024

• EP and Cons. EU, dir. No. 2024/2810, Oct. 23, 2024, on structures with multiple voting shares in companies that request admission to trading of their shares on a multilateral trading system: OJEU Nov. 14, 2024