Trading Companies

We offer certainty of listing requirements, including a freedom from EU legislation and regulations, which enable a proportionate and cost-effective approach that has been tailored for SMEs.

A listing on our market enables a company to demonstrate that it adheres to the standards of transparency and governance of a regulated market. This is comforting to investors – it may expand the potential pool of available capital – and it is important for the future development of the company. 

The convenience of TISE allows a company to become familiar with the requirements of being quoted so that it is better prepared for the transition to being listed on a major global exchange, where appropriate. In that sense, we might be viewed as a ‘stepping stone’ or an ‘incubator exchange’.

Innovative 

The main requirements for listing trading companies on TISE are as follows:

• The company must be worth at least £1 million, although the Exchange may permit a lower value 
• At least 25% of shares must be in ‘public hands’ (i.e. not those of Directors and therefore creating a market), unless otherwise agreed by the Exchange 
• Three years’ audited annual accounts, although this does not apply if the company has been operating for a shorter period and there may also be other exceptions 
• Directors must provide a statement certifying that the company has sufficient working capital for at least 12 months or otherwise, how they propose to provide such capital to ensure its continued ability to trade.
• Once listed, the issuer must adhere to ongoing continuing requirements, as set out by the Listing Rules of the Exchange.

Responsive

Initial applications for listing will receive our response within 3 business days from submission and subsequent reviews will be carried out within 1 business day. We are also able to consider more unusual transactions and welcome early initial enquiries in that regard.