In a stock exchange, direct entry to quotation without prior public offer for sale. This occurs when there is already sufficient diversification of share ownership, there is no need to increase equity, reference shareholders do not want to quickly lose control, or there are special circumstances such as the existence of a majority shareholder with a medium-term gradual divestment program, or in a sector with great uncertainties or with a great potential that is difficult to assess.
« Back to Glossary IndexDirect Quotation
« Back to Glossary Index