Euronext has officially launched the European Common Prospectus, a streamlined and standardised template for equity issuances aimed at fostering deeper integration within European capital markets. This new initiative comes as part of the broader efforts to simplify and enhance the listing process across Europe, with the full implementation of the Listing Act, designed to simplify listing regulations, scheduled for June 2026.

The introduction of the European Common Prospectus is a response to the growing need for a more efficient and competitive environment for Initial Public Offerings (IPOs) in Europe. Euronext initiated the development of this new template in November 2024, following the publication of the Listing Act. The goal is to provide a more accessible, investor-friendly format that boosts IPO activity and positions European markets on a global level.

Euronext European Common Prospectus to Streamline IPOs

Serving as the backbone of the Savings and Investments Union, Euronext has continuously worked to harmonise its rulebooks and simplify listing processes. This new prospectus offers immediate benefits to both issuers and investors, presenting a unified approach that can be used across all Euronext countries. Compliant with current EU regulations, the template replaces the previously complex 21-section prospectus with a simpler 11-section structure, significantly reducing preparation time and complexity.

For issuers, the new format makes the drafting process easier, while the use of English as the primary language further enhances cross-border capital access. Investors will also benefit from the consistency and comparability the template provides, making it easier to evaluate investment opportunities across jurisdictions like Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris.

Euronext CEO Stéphane Boujnah emphasised the importance of the new initiative, stating, “By acting now, Euronext is offering a practical path forward to simplify access to capital, enhance investor confidence, and boost IPO activity across the continent.” The prospectus is now available for use across all Euronext countries and is to adapt to future regulatory changes under the Listing Act. While optional, Euronext encourages issuers to adopt the new format to fully leverage its benefits.

Also, stay updated with the Latest Broker News.