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3 February 2021

New Rules on Insider Lists and the Obligation to disclose Inside Information for Issuers on SME Growth Markets

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The MiFID II directive (Directive 2014/65/EU) introduced a type of trading venue, the SME Growth Market, which by definition is an MTF registered as an SME Growth Market II, i.e. a subcategory of multilateral trading facilities (“MTF”). The purpose of the SME Growth Market is to facilitate access to capital for SME (small and medium-sized enterprises) and enable such companies to grow.

Nasdaq First North Growth Market obtained status as an SME growth market in September 2019.

Dan Moalem

Partner

+45 30 37 96 10

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Henning Hedegaard Thomsen

Partner

+45 30 37 96 18

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Emil Lund Lauritzen

Senior Associate

+45 30 37 96 83

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