Amsterdam Exchanges NV, operator of the Dutch stock exchange, will relax its rules on listing shares in a bid to bring more Internet-related and fast- growing companies to the exchange, according to wire service reports.The exchange's general rules require a company to be at least three years old before listing shares. Today's decision allows fast-growing young companies such as Internet-related and
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Amsterdam Exchanges NV, operator of the Dutch stock exchange, will relax its rules on listing shares in a bid to bring more Internet-related and fast- growing companies to the exchange, according to wire service reports.
The exchange's general rules require a company to be at least three years old before listing shares. Today's decision allows fast-growing young companies such as Internet-related and biotechnology businesses seeking a listing to be just one year old, and unprofitable, as long as they have shareholders' equity of 50 million Euros ($22.8 million) or a market value of at least 150 million Euros.
