Once your company’s securities have been admitted to the Enterprise Securities Market, you will be able to enjoy all of the benefits of being publicly quoted. As a quoted company you will need to communicate to the market and promote your company to the investment community on an ongoing basis. In addition, it will be important to listen to the messages that the market is communicating to you.
Ongoing disclosure
As a quoted company, you are required to disclose information to the market on an ongoing basis including information of a price sensitive nature, and periodic financial information such as annual and half-yearly results.
Share dealing restrictions
All directors of a quoted company, and even some employees in contact with price-sensitive information, have to comply with a range of restrictions on their share dealing activities.
Monitoring shareholder and investment trends
Once you are quoted, your share register is a mine of useful information, and can be used pro-actively as a tool to promote your business and broaden your shareholder base.
Investor relations
It is extremely important to ensure timely and effective communication with investors in order to maintain interest in your company and achieve a share price that truly reflects your company’s value. A successful investor relations programme involves going beyond the minimum level of disclosure required under the ESM Rules and requires a significant commitment from key executives within your company.
Corporate governance
The ESM Rules do not mandate ESM companies to comply with a specific corporate governance code. However, the ISE strongly encourages ESM companies to adopt good corporate governance practices and disclose their practices to investors in a timely manner.