EUROPEAN UNION: Euronext Announces the Entry into Application of the Listing Act and Launches a New Admission Framework

Friday June 5 2026

On 5th June, Euronext announced that the Prospectus and Market Abuse regimes as well as the rules on the admission of securities to European stock exchanges, enter into application. The new European Union listing legislation aims to ease companies’ access to European capital markets, especially small and medium-sized enterprises. It notably introduces a series of substantive developments that directly increase the attractiveness of European markets for issuers and investors. Directly applicable changes include: the standard threshold of €12 million, below which a prospectus is not required; the adoption of English as the conventional disclosure language; the creation of a standardised prospectus format replacing national templates; and the reduction of the regulatory burden on listed companies through more proportionate Market Abuse Regulation (MAR) rules. Further national transposition is expected for some parts of the Listing Act, regarding in particular the reduction of the free float requirement to 10%.

In line with the Delegated Acts adopted by the European Commission, and ahead of their entry into force, Euronext releases a set of ready-to-use standardised templates (European IPO Prospectus, European Growth Prospectus and European Follow-on Prospectus), supporting issuers and their advisers in navigating the simplification introduced by the Listing Act.

To streamline admission procedures, Euronext is revising its Information Document, applicable on its MTFs Euronext Growth and Euronext Access, aligning it with the EU Growth Prospectus framework while reducing the document’s length by half.

Euronext is launching the new MyEuronext Digital Platform, providing a single access point for companies seeking listing and their advisors, across all its markets. The platform streamlines admission processes, enhances operational efficiency and reduces execution risk for all stakeholders across products and geographies. In parallel, Euronext is strengthening its admission framework through earlier and more structured engagement with listing candidates and the use of AI tools to support document review.

Click on the above link for further information