What is BME Scaleup?

BME Scaleup is the first step to financing through the securities markets operated by the BME Group. 

BME Scaleup is our stock market specially created for early-stage companies in any sector, as well as  for companies with mature businesses that wish to gain visibility and value to new investors.

BME Scaleup, authorized by the CNMV, has designed a more accessible regulation and incorporation process for these companies with very competitive costs.

Furthermore, companies listed on BME Scaleup have a training, coaching and networking program called Entorno Pre Mercado. In this program, companies learn to professionalize and accelerate their transformation to meet their growth objectives on the stock markets.

BME Scaleup Presentation

BME Scaleup Market Model

Why list on BME Scaleup?

  1. Powering company Growth
    In a rapidly changing business landscape driven by demographic shifts and emerging technologies, new companies, especially scale-ups, are on the rise in Spain. BME Scaleup is tailored to cater specifically to this market segment, helping them raise funds to finance their growth.
  2. Increasing prestige and brand visibility

    Companies listed on BME receive significant media and social media exposure, bolstering their reputation and brand recognition among clients, suppliers, and investors. This complements your marketing and advertising efforts effectively.

  3. Broadening investor base

    BME Scaleup simplifies share trading for shareholders, founders, and other stakeholders, including business angels, crowdfunding contributors, and venture capitalists. It opens doors to specialized investors, making it easier than ever to diversify and expand your shareholder base, and facilitates the exit of former investors.

  4. Boosting inorganic growth

    Companies listed on BME have the opportunity to use their own shares to finance acquisitions of other companies, facilitating their growth and enabling them to become industry consolidators more efficiently.

  5. Facilitating recruitment and talent retention
    Possibility of offering company traded shares to key employees and management as a talent retention strategy. 

Can my scale-up be listed?

Of course, companies wishing to join BME Scaleup must meet certain transparency and reporting commitments as well as appointing a registered advisor to guide them throughout the process.

Companies seeking admission to BME Scaleup must be public limited companies which meet some requirements.

Can my scale-up be listed?

Of course, companies wishing to join BME Scaleup must meet certain transparency and reporting commitments as well as appointing a registered advisor to guide them throughout the process.

Companies seeking admission to BME Scaleup must be public limited companies which meet some requirements.

Listing requirements

Companies wishing to join BME Scaleup must meet certain transparency and reporting commitments as well as appointing a registered advisor to guide them throughout the process:

1. Transparency:
Both core shareholders and the company's governing bodies must change their mindset and procedures to meet the level of transparency demanded. The regulations are adapted to their needs and introduce three new figures, the Registered Advisor, BME Scaleup itself and Spanish securities market supervisor – CNMV - in matters relating to market abuse.
The correct level of transparency shall always be maintained throughout all procedures.
2. Information reporting:
Assume the commitment to provide duly audited annual financial information, as well as significant shareholdings, required by BME Scaleup.
3. Registered advisor:
Appointing a Registered Advisor helps companies when they join the market and once listed.
4. Shareholder diffusion:

Unlike BME Growth, it is not necessary to have a shareholder base to join BME Scaleup Growth. Companies decide when and how to open their capital to investors.

 

STAGES IN BME SCALE ADMISSION PROCESS:

  1. Decision/Planning Stage
    The company must be aware of the obligations that a market listing entails. With the help of its Registered Advisor, the company must ascertain how to leverage the opportunities offered by the securities market. It must also plan how to comply with legal requirements and factor in possible organizational and mindset changes and when listing, which investors assess in the share price.
    Depending on a company's situation and objectives, the design of its BME Scale listing transaction will vary. Obviously, admission to the market via a listing, i.e. without a prior share sale, is different to a capital increase or an IPO (initial public offering) or through a significant private placement of shares.

  2. Preparation/Request Stage
    When submitting the admission request, a company must include all documentation confirming it meets the listing requirements. It must also submit the Initial Market Access Document (DIAM) or, if applicable, the Prospectus filed with the CNMV. Here BME Scale can step in and make it much easier, as drafts can be submitted to the market and communication with the company and its Registered Advisor is fluid and ongoing.

  3. Processing stage
    Once the request and definitive documentation have been received, BME Scale shall assess the requisites and publish, if applicable, authorization to be admitted. At that moment, if a capital increase or an IPO/private placement is planned, the marketing process aimed at investors can begin.

  4. Admission
    Once the capital increase or IPO/Private placement has concluded and, if applicable, the necessary documentation has been submitted, BME Scale will announce the listing on its Listing Bulletin and a security trading code will be allocated, which will be included in the Book Entry Register.
    On the day of the listing, there will be a bell ringing to mark the company’s start of trading on BME Scale.

Registered advisors

Registered advisors are specialists who assess the eligibility of a company to join BME Scaleup Once listed, they guide and accompany them as they grow on the markets. Each company must appoint a Registered Advisor.

List of advisors

Market Participants

Most brokers of the Spanish Stock Exchange are members of BME Growth and BME Scale. In case your usual broker is not, your orders will be channelled  through one of them.

Get to know our intermediaries

Membership onboarding process

Company helpline

BME Scaleup has a free information service to help companies understand the admission procedure.

Email:bmescaleup@grupobme.es

Phones:

  • 93 401 3852
  • 91 589 1175
  • 96 387 0132
  • 94 403 4444