SMEs play a significant role in Spain, in fact, more than 99% of Spanish companies are SMEs. They employ 80% of the country's workforce, and account for 65% of its GDP. The Alternative Securities Market ("MaB") is a market for small caps looking to expand, with a special set of regulations designed specifically for them, with costs and processes tailored to their specific characteristics.
In addition to growth companies, other types of firms trade at MaB, such as SICAVs (open-ended collective investment schemes), REITs (Real Estate Investment Trusts), VCCs (Venture Capital Companies) and Hedge Funds.
It targets entrepreneurs and managers (General Management, Finance Department etc.) at SMEs with a solid growth project bent on securing finance and boosting their image.
MaB helps these SMEs access the securities market easily and efficiently. The platform is designed so that small companies wishing to expand can reap the advantages offered by the market: financing, visibility, liquidity, objective valuation, etc.
What is more, all MaB costs and regulation are specially adapted to the characteristics of these companies. MaB can also be a useful learning curve for many companies before they are admitted for trading and achieve their optimum size.
MaB has adapted all existing procedures so that these companies can join the market without having to forgo a correct degree of transparency. To this end we have created the concept of “Registered Advisors”, specialists professional who will assist companies throughout the entire process, starting with their inclusion in the market up until the day they are listed.
MaB also offers investors a greater variety of companies so they can diversify their portfolios and invest in new businesses and sectors.
Bolsas y Mercados Españoles (BME) is the operator of all stock markets and financial systems in Spain. The securities market is the natural environment for companies wishing to fund their business activities efficiently and expand with transparent management. It not only provides access to a variety of sources of finance and a broad range of investors, but also gives businesses additional advantages such as visibility and brand image, product liquidity and an objective valuation.
For almost 200 years BME has been helping Spanish businesses to take advantage of market opportunities and assisting them with funding, growth, training, visibility and efficiency. BME is currently one of the four largest operators of stock markets and financial systems in Europe.