Listing Requirements

According to the current Rules of the Ljubljana Stock Exchange, on 1 January 2001 the existing official market segments A and B merged to the Official Stock Exchange Market - Main List. The listing criteria has been adequately changed as well.

The process of merger will help to improve the transparency of the securities market, and will bring its organization fully in line with requirements of the EU listing directives. All issuers whose securities were listed at the official market A and B on the last day of the year 2000 have been from that date on listed at the Official Stock Exchange Market.

Decisions on whether to list a company or not are taken by the LJSE Admission Board which consists of four independent legal and financial experts and one LJSE representative.

Only those shares and bonds, which are freely transferable, which have been paid in full, and are approved by the Admission Board, can be listed on the Official Stock Exchange Market.

Listing requirements refer to operations of the issuer in the past few years, size of the capital, audited financial statements, size of the class of securities, number of shareholders and securities dispersion in public. After a company has been listed on the LJSE, it has the obligation of continuous disclosure to the Stock Exchange and the public of any event or change in its operations that may be important to the company and / or investors.