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LJSE Eliminates Official, Free Market Division Date: 05/09/2008 Ljubljana, 09 May (STA) - Ljubljanska borza, the Ljubljana Stock Exchange (LJSE) operator, published in Friday's issue of the Official Gazette its new rules which are to enter into force on 24 May. The rules bring the stock market in line with the valid legislation and eliminate the division between the official and free markets. Ljubljanska borza told STA the market would from now on be diversified into shares, bonds, investment coupons, investment firm shares and structured products. Shares will be placed in individual segments based on their quality and will be listed on the prime market, in the middle segment, on the standard market and in the basic segment. The changes are aimed at improving the quality of information on the securities market and bolstering the visibility of individual segments, the operator said. The new division is planned to be introduced in the end of June. The issuers of securities on the free market will have to conclude new agreements with Ljubljanska borza, otherwise trading with their securities will be stopped. |
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JAPTI - Public Agency of the Republic of Slovenia for Entrepreneurship and Foreign Investments disclamer |