Spain eases rules in bid to stop IPOs being derailed by market turmoil

Spain eases rules in bid to stop IPOs being derailed by market turmoil

Companies will be given 18-month window for shares to start trading, after several eleventh-hour IPO cancellations

BME, CNMV Present More Flexible Method for IPOs - Markets Media

BME Easy Access aims to make the IPO process easier and more flexible. A period of 18 months will be allowed for the placement on the market, from admission to trading on the stock exchange. It will allow the timing of the placement to be chosen at short notice, thereby reducing the risks involved in this type of operation. The implementation of this modality will require the approval of the CNMV. The Comisión Nacional del Mercado de Valores …