Mercado Alternativo Bursátil

Mercado Alternativo Bursátil (MAB)
Type	Stock Exchange
Location	Madrid, Spain
Founded	2008
Owner	Bolsas y Mercados Españoles
Key people	Antonio Giralt, chairman
Currency	EUR
No. of listings	8

The Mercado Alternativo Bursátil (MAB) is a sub-market of Bolsas y Mercados Españoles (BME), the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets, which includes the stock exchanges in Madrid, Barcelona, Bilbao and Valencia.

MAB, created in 2008, is akin to London's AIM, Frankfurt's Neuer Markt or Paris' Nouveau marché, and allows smaller companies to float shares with a more flexible regulatory system than is applicable to the main market^[1].

To join the MAB, companies must have fully paid-up capital, audited accounts and list through an initial public offering with a minimum free float of €2m.

The first listing on MAB, Zinkia, took place on July 2009 and managed to raise €7m^[2].

See also

• Bolsas y Mercados Españoles
• Alternative Investment Market

References

1. ^ Spain set to launch alternative trading platform for small-caps ft.com Jeremy Grant, Financial Times, May 30, 2008
2. ^ El MAB da la bienvenida a Zinkia con un informe de incorporación favorable eleconomista.es El Economista, July 6, 2009 (in Spanish)