05.03.2026

The AΤΗΕΧ Exchange announces that the Board of Directors of the Hellenic Capital Market Commission, at its meeting of 04.03.2026, approved the registration of the Multilateral Trading Facility “Alternative Market” as an SME Growth Market, in accordance with Law 4514/2018.
The registration shall enter into force on 16.03.2026, following the publication of the new operating rules on the ATHEX website.
The EU SME Growth Market framework, introduced under MiFID II as a special category of Multilateral Trading Facility (MTF), aims to:
•    enhance the visibility of markets dedicated to SME financing
•    facilitate SMEs’ access to capital markets
•    promote harmonised regulatory standards across the European Union
•    align with European MTFs authorised as SME Growth Markets, and
•    benefit from reduced regulatory obligations under the Listing Act

Amendment of Rulebook and Resolutions
In parallel with the registration as an SME Growth Market, EN.A. will be renamed EN.A. Growth   and its Rulebook and relevant Resolutions are being revised with the objective of attracting new companies to EN.A. Growth and improving the investment profile of companies already admitted to trading.
The key changes to the Rulebook and relevant Resolutions are summarised below:
•    Reduction of the minimum free float required for initial admission from 15% to 10%, and increase in the number of shareholders from 50 to 70
•    Introduction of an annual free float adequacy review with a minimum threshold of 5%
•    Introduction of minimum Corporate Governance requirements 
•    Introduction of a process for transferring companies from the Regulated Market to EN.A. Growth
•    Introduction of a new “Special Characteristics” category for companies with free float below 5%, negative equity, or serious concerns / uncertainty regarding business continuity 
•    Obligation to appoint a Nominated Adviser for corporate bonds for two years following admission 
•    Adjustment of price fluctuation limits during the first three trading days following admission or resumption of trading to ±20% from ±60%
•    Maximum suspension period up to 12 months
•    Termination of the EN.A. STEP segment

It is noted that for companies with securities already admitted to trading to EN.A., there is no material change to their trading status, and these securities will henceforth be considered as admitted to EN.A. Growth, in the corresponding categories for Equities and Corporate Bonds.

Effective Date
The amended Rulebook of EN.A. Growth, along with the relevant changes to ATHEX Resolutions 1, 2, 3, 4, 5, 6, 7 and 22, shall enter into force upon their publication on the ATHEX website, which will take place on 16.03.2026, subject to the transitional provisions that provide for a different effective date for specific matters.

It is noted that, in the context of the renaming of the Market, the “ATHEX Alternative Market Price Index” shall be renamed the “ATHEX EN.A. Growth Price Index.”