Press Release

First Initial Access Document on BME Scaleup from ORES ALEMANIA

16 July, 2024
  • This brings to twelve the number of companies that have registered an Initial Market Access Document

The Market Coordination and Listing Committee considers that ORES ALEMANIA will meet the requirements for listing on BME Scaleup. It is the twelfth company to register an Initial Accesss Document on this BME market so far this year.

The company's Board of Directors has taken a reference price of 1,000 euro per share as the starting point for trading in the shares, which represents an initial capitalisation of the companies of 107.5 million euros. 

The Registered Advisor to the companies is VGM Advisory Partners.

The company, which is a SOCIMI, is an asset-holding company owning a diversified portfolio of commercial real estate in various locations in Germany.

The Information Document of ORES ALEMANIA is available on the BME Scaleup website, where you can find all the information about the company and its business.

This new BME market is aimed especially at scaleups, companies with a proven business model, in an accelerated growth phase for at least three years, with a minimum turnover of one million euros and/or an investment of at least that amount. This market, which offers the necessary transparency to investors and simplifies the incorporation requirements for companies, is also open to other types of companies such as SMEs, SOCIMIs or family businesses seeking a first contact with the capital markets.

Among the advantages of BME Scaleup for companies are its ability to boost growth with funds for financing, obtain greater prestige and brand visibility, the possibility of expanding its investor base, the boost to inorganic growth and greater ease of attracting and retaining talent.

To be listed on this market, a company must be a public limited company, have a board of directors, be accompanied by an advisor registered in the market and publish audited annual accounts. It will not be necessary to have a liquidity provider or to comply with a minimum free float.

BME Scaleup already has 14 Registered Advisors.

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