Entry Standard affords small and medium sized companies easier access to the capital market. It offers an alternative to a listing in the transparency standards of General Standard and Prime Standard, which are subject to EU regulation.
Entry Standard is based on the rules of the Open Market (Regulated
Unofficial Market), but it features additional requirements. For
investors, this means increased transparency and more information.
Companies contained in the Entry Standard have to publish an
audited annual and management report on their
website within six months after the official reporting period,
as well as an interim report. Moreover, they are required to
immediately publish any news or circumstances significant to the
valuation of the share and orcompany.
Shares in Entry Standard are insider securities and are thus monitored by the German Federal Financial Supervisory Authority (BaFin) with regard to the rules on insider trading and market abuse. Price determination is monitored by the Market Supervisory Authority (HÜSt).
Investors active in Entry Standard must be aware that its transparency requirments are far less strict than those in General or Prime Standard. In comparison, investors are provided with less information, at an increased risk.