The Gibraltar Stock Exchange, GSX, was licenced by the Financial Services Commission in November 2014. Currently the exchange provides listing services to open ended investment funds. It is expected that GSX will offer the facility to list closed ended funds later in 2015. www.gsx.gi
Vista was admitted as one founder members of GSX in December 2014 and as a Listing Member Vista can assist you with all your requirements for listing on GSX.
Funds listing on GSX must comply with the Listing Code for Open Ended Investment Schemes. Funds are required to appoint a Listing Member to sponsor the application. The application will comprise Listing Particulars along with a completed application form and a checklist, accompanied by payment of the appropriate fee to the Exchange.
The Listing Particulars will be based on your fund’s offering memorandum, but this document will require some modifications to comply with the Code. Vista can prepare the Listing Particulars for you or we can work with your fund’s legal advisors to prepare the document.
Once the Listing Particulars have been completed Vista will submit your Listing Particulars along with a completed application form, checklist, annual statement of compliance and Customer Due Diligence declaration to the Exchange.
When your fund is listed we will liaise with your Administrator to obtain the necessary information for publishing and filing with the exchange such as NAVs, audited accounts and any other formal notices such as changes to the Listing Particulars.
On your listing you will be able to include:
• Details of your investment manager, including a contact name and phone number. In addition it will be possible for anyone registered on GSX to email directly to the fund or nominated person
• Details of your fund such as jurisdiction, the geographic focus and type of investment
• NAV, NAV frequency. Past history can be uploaded
• ISIN, SEDOL, Valoren, Bloomberg
• Minimum subscription amount
For further information, or if you wish to discuss your requirements, please contact Malcolm Ruffell at:
T +350 200 76458
F +350 200 60832
E Malcolm Ruffell@vistafundservices.com
46 The Sails Tower
PO Box 1403