Prospects MTF

The Prospects MTF, introduced by the Maltese Government in 2016, is a multilateral trading facility of the Malta Stock Exchange (MSE), created specifically to give SMEs access to alternative sources of finance, such as: the raising capital by issuing bonds or by issuing or selling company shares through a listing on the exchange.

This platform, which is fully compliant with the Markets in Financial Instruments Directive (MiFID), encourages the flourishment of SMEs by providing them with a cost-effective opportunity to raise up to €8 million per issue, without falling under the ambit of the prospectus regulation.

The Prospects MTF avoids bureaucracy and encourages efficiency through a simplified admissions process and through the brief period within which an application is processed.

What can CLA Malta offer?

CLA Malta can act as a corporate advisor both before and following an admission process of Prospects. Our professional team takes all steps necessary to ensure that our client’s (the applicant’s) transparency, compliance and corporate governance objectives are attained and maintained in order to instil greater investor confidence.

As a Corporate Advisor, CLA Malta hereby confirms that it will at all times maintain:

(a) independence, impartiality, objectivity, confidentiality and ethical standards ensuring that it can identify, mitigate and, if not possible to eliminate, disclose any conflicts of interests and how such conflicts are managed;

(b) to the extent allowed a process by which the Advisor or its Connected Person may invest or trade in securities issued by their client Prospects MTF Companies and the immediate disclosure of any such investment or trading therein; and

(c) quality assurance in respect of its services to client Prospects MTF Companies.