Tokushev and Partners Law Office provides comprehensive legal support for small and medium-sized enterprises (SMEs) planning admission to the BEAM Growth Market organised by the Bulgarian Stock Exchange (BSE).
Requirements for Admission
The main requirements for companies include:
- Registration as a joint-stock company in Bulgaria or abroad
- Specific provisions in the articles of association regulating admission to trading, the rights of the General Meeting, and investor protection
- Preparation of an Admission Document in Bulgarian or English containing detailed information on the management and control bodies
- An audited financial statement for the preceding financial year
- A concluded contract with a BSE-approved advisor for a term of at least two years
The financial instruments registered for trading on the BEAM Market must be in book-entry form or immobilised, must have no transfer restrictions and must not be registered on the Main Market of the BSE.
Who BEAM Is For
The BEAM Growth Market is aimed primarily at innovative and ambitious small and medium-sized companies seeking:
- Additional financing for development and growth
- Greater publicity for their products and services
- Expansion of their shareholder base
How We Help
The team at Tokushev and Partners provides full support to companies in preparing the documentation, complying with the regulatory requirements and interacting with the Bulgarian Stock Exchange, ensuring a smooth and legally correct listing on the BEAM Growth Market – from assessing the company’s readiness for admission to the market, through its transformation into a joint-stock company in accordance with the Commercial Act and the rules of the BSE.