NASDAQ OMX Armenia has the following list structure to reflect various levels of requirements for companies and securities included in different stock exchange lists:

Stocks:

Main List (A)

Requirements:

  • Total calculated value of shares minimum AMD 1 billion
  • Issuer operating for no less than 3 years
  • Net financial result for last 3 years – profit
  • At least 100 registered shareholders
  • Free float of minimum 15%
  • At least one Market maker

Secondary List (B)

Requirements:

  • Total calculated value of shares minimum AMD 500 million
  • Issuer operating for no less than 3 years
  • Free float of minimum 10%

Corporate Bonds:

- Main List (Abond)

Requirements:

  • Issuer operating for no less than 3 years
  • Minimum size of the given issue: AMD 500 million
  • At least one Market maker

 - Secondary List (Bbond)

Requirements:

  • Issuer operating for no less than 2 years
  • Minimum size of the given issue: AMD 250 million

In addition to the above mentioned lists, NASDAQ OMX Armenia can also admit a security to exchange trading through its free markets C and Cbond for stocks and bonds, respectively. For more information please go to the Admission to Trading section of our website.

All companies that applied for listing on NASDAQ OMX Armenia must have their shareholders registry maintained by the Central Depository of Armenia.

A more detailed information on list structure and requirements for each list can be obtained by reviewing our Rules on Listing and Admission to Trading. To learn about company admittance and listing fees please refer to our Tariff Rules.

Listing Contact: Nerses Hakobyan, Head of Listing, Tel.: +374 10 54 33 21 ext.120.

Updated as of: 31.03.2017