Mercado Alternativo Bursátil

Mercado Alternativo Bursátil
(MAB)
Type Stock Exchange
Location Madrid, Spain
Founded 2008
Owner Bolsas y Mercados Españoles
Key people Antonio Giralt, chairman
Currency EUR
No. of listings 8

The Mercado Alternativo Bursátil (MAB) is a sub-market of Bolsas y Mercados Españoles (BME), the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets, which includes the stock exchanges in Madrid, Barcelona, Bilbao and Valencia.

MAB, created in 2008, is akin to London's AIM, Frankfurt's Neuer Markt or Paris' Nouveau marché, and allows smaller companies to float shares with a more flexible regulatory system than is applicable to the main market.[1]

To join the MAB, companies must have fully paid-up capital, audited accounts and list through an initial public offering with a minimum free float of 2m.

The first listing on MAB, Zinkia, took place on July 2009 and managed to raise €7m.[2]

See also

References

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