guide to ise services for global issuers

The European Gateway Exchange for

Global IssuersGUIDE TO ISE SERVICES

IRISH STOCK EXCHANGE THE EUROPEAN GATEWAY EXCHANGE FOR GLOBAL ISSUERS 1

THE ISEThe European Gateway Exchange

EU member

English speaking

Common law jurisdiction

Eurozone member

Enabling access to EU investors


Source: ISE September 2017

>4kISSUERS

>90COUNTRIES WITH ISSUERS ON ISE

MARKETS

36,072 SECURITIES

219 EXCHANGE TRADED FUNDS (ETFs)

5,221 INVESTMENT FUNDS

30,539 BONDS

37 IRISH GOVERNMENT BONDS & T-BILLS

56 EQUITIES

THE ISEEnabling global issuers to access investors


Source: World Federation of Exchanges September 2017

#1 NEW BOND

LISTINGS WORLDWIDE

#2 TOTAL FUND

LISTINGS WORLDWIDE

#1 LIQUIDITY

IRISHSHARES

#1 TOTAL BOND

LISTINGS WORLDWIDETHE ISE

A global leading international business


Enterprise Securities Market

for high growth companies raising equity in earlier stages of development

Main Securities Market

for issuers listing debt, equity, funds and exchange traded funds (ETFs)

on an EU regulated market

Atlantic Securities Marketfor multinational companies that

want to broaden their investor reach to include dollar and euro pools of

capital in a streamlined manner

Global Exchange Market

for banks, companies and sovereigns listing debt and investment fund

managers listing fundsTHE ISEProviding issuer choice


INDEPENDENT

EFFICIENT

INTERNATIONALLY CONNECTED

FLEXIBLE

APPROACHABLE

ACCESSIBLE

EXPERT

SOLUTIONS FOCUSED

PROFESSIONALPOLICY

ADVOCATE

TRANSPARENT

GATEWAY

ESTABLISHED 1793PLC 2014

THE ISEA dynamic exchange with a long history


T7

Accessible expert team

Option to trade in euro, sterling and dollar

Competitive fees

3 equity markets delivering choice for companies

Proven dual listing with UK, North American and other EU countries enables streamlined regulation, documentation and reporting

World-class trading platform enables access to international distribution networks

Increased shareholder diversity through access to European investors

OUR EQUITY MARKETSWhy global companies list on the ISE


OUR EQUITY MARKETSDual listing options

MSMMAIN

SECURITIES MARKET

ESMENTERPRISE SECURITIES

MARKET

ASMATLANTIC

SECURITIES MARKET

SUITED TO Larger companies with substantial funding needs

High growth companies

Companies with SEC approved listings in the US

MIFID STATUS EU regulated market ● Exchange regulated

● Multilateral Trading Facility (MTF)

● Exchange regulated


REGULATORY REGIME

● Listing Rules

● Prospectus Directive

● Transparency Directive

● Market Abuse Regulation

● ESM Rules


● SEC

● ASM Rules


FAST TRACK ADMISSION*

● Main Market (London)

● AIM ● Nasdaq

● NYSE

* We offer dual listing with other exchanges and markets


OUR DEBT MARKETSWhy global debt issuers choose the ISE

Europe’s leading debt listing venue with access to Europe’s (EU & EEA) investors

To avail of European Prospectus “passporting” facility

Guaranteed review times

Effi cient listing process

Unrivalled experience, product knowledge and expertise

Dedicated regional relationship managers

Accessible and approachable regulation team

Competitive fees

Market choice – MSM and GEM


MSMMAIN

SECURITIES MARKET

GEMGLOBAL

EXCHANGE MARKET

MIFID STATUS EU Regulated Market ● Exchange regulated market


COMPETENT AUTHORITY

Central Bank of Ireland Irish Stock Exchange

REGULATORY REGIME

● Listing Rules

● Prospectus Directive

● Transparency Directive


● GEM Listing & Admission to Trading Rules


OUR DEBT MARKETSProviding issuer choice


OUR DEBT MARKETSThe choice of global issuers

DEBENHAMSDEBENHAMSDEBENHAMS

BANCO DE SABADELLBANCO DE SABADELLBANCO DE SABADELLBANCO DE SABADELLBANCO DE SABADELLBANCO DE SABADELLBANCO DE SABADELL

COMISIÓN FEDERAL DE ELECTRICIDADCOMISIÓN FEDERAL DE ELECTRICIDADCOMISIÓN FEDERAL DE ELECTRICIDADCOMISIÓN FEDERAL DE ELECTRICIDADCOMISIÓN FEDERAL DE ELECTRICIDADCOMISIÓN FEDERAL DE ELECTRICIDAD

FERRARISAXO BANKSAXO BANK

DISCOVERY COMMUNICATIONSDISCOVERY COMMUNICATIONSDISCOVERY COMMUNICATIONS

COMPAÑÍA LATINOAMERICANA DE INFRAESTRUCTURA & SERVICIOS (CLISA)COMPAÑÍA LATINOAMERICANA DE INFRAESTRUCTURA & SERVICIOS (CLISA)COMPAÑÍA LATINOAMERICANA DE INFRAESTRUCTURA & SERVICIOS (CLISA)COMPAÑÍA LATINOAMERICANA DE INFRAESTRUCTURA & SERVICIOS (CLISA)COMPAÑÍA LATINOAMERICANA DE INFRAESTRUCTURA & SERVICIOS (CLISA)COMPAÑÍA LATINOAMERICANA DE INFRAESTRUCTURA & SERVICIOS (CLISA)

VODAFONEVODAFONEVODAFONE

CANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARDCANADA PENSION PLAN INVESTMENT BOARD

SPAREBANKENSPAREBANKENSPAREBANKENSPAREBANKENSPAREBANKENSPAREBANKENSPAREBANKENSPAREBANKEN

KINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIAKINGDOM OF SAUDI ARABIA

WHIRLPOOLWHIRLPOOLWHIRLPOOL

COUCHE-TARDCOUCHE-TARDCOUCHE-TARDCOUCHE-TARD

AUTOPISTAS METROPOLITANAS DE PUERTO RICO

STATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAITSTATE OF KUWAIT

ONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARDONTARIO TEACHERS’ PENSIONS PLAN BOARD

ICBC CHINAICBC CHINAICBC CHINAICBC CHINAMEMBERS EQUITY BANKMEMBERS EQUITY BANKMEMBERS EQUITY BANK

CHINA THREE GORGESCHINA THREE GORGESCHINA THREE GORGES

REPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQREPUBLIC OF IRAQ

SULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMANSULTANATE OF OMAN

NOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATIONNOKIA CORPORATION

FOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALFOSUN INTERNATIONALTRINITY BIOTECHTRINITY BIOTECHTRINITY BIOTECH

SKY PLC

HIPERCORHIPERCOR

FIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLERFIAT CHRYSLER

VERIZON COMMUNICATIONSVERIZON COMMUNICATIONSVERIZON COMMUNICATIONSVERIZON COMMUNICATIONS

IBERIAIBERIAIBERIA

SACYRSACYR

ALITALIAALITALIAALITALIA

AERCAPAERCAP

Source: ISE - September 2017


IRISH STOCK EXCHANGE#1 Total Bond ListingsWorldwide September 2017Across 67 exchanges

IRISH STOCK EXCHANGE#1 New Bond ListingsWorldwide – year to date September 2017Across 52 exchanges

Source: World Federation of Exchanges (WFE) Source: World Federation of Exchanges (WFE)

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

Tel-Aviv Sto

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e

Bo

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Bo

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mb

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Bo

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s Aires

Johannesb

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Oslo

Bo

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Singap

ore E

xchange

Shenzhen Stock E

xchange

BM

E Sp

anish Exchang

es

Wiener B

orse

Shanghai Sto

ck Exchang

e

Euro

next

BSE

India Lim

ited

Nasd

aq N

ord

ic Exchang

es

Natio

nal Stock E

xchange o

f India Lim

ited

Ko

rea Exchang

e

LSE G

roup

Deutsche B

oerse A

G

Luxemb

ourg

Stock E

xchange

Irish Stock E

xchange

30,511

0

1,000

2,000

3,000

4,000

5,000

6,000

7000

8,000

Tel-Aviv Sto

ck Exchang

e

Warsaw

Stock E

xchange

SIX Sw

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Ho

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ong

Exchang

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nal de Valo

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Taipei E

xchange

Kazakhstan Sto

ck Exchang

e

Johannesb

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ck Exchang

e

Oslo

Bo

rs

Shenzhen Stock E

xchange

Bo

lsa de C

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s Aires

Bo

rsa Istanbul

Deutsche B

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G

Euro

next

Nasd

aq N

ord

ic Exchang

es

Natio

nal Stock E

xchange o

f India Lim

ited

BSE

India Lim

ited

Ko

rea Exchang

e

Luxemb

ourg

Stock E

xchange

Irish Stock E

xchange

7,480


WHY LIST FUNDS?

Increase investor transparency

Access institutional investors

ETF passporting throughout

the EU

World leading fund listing venue offering access to European investors

Guaranteed review times

Effi cient listing process

ISEFundHub service increases visibility and profi le with investors

Unrivalled experience and expertise

Accessible and approachable regulation team

Competitive listing fees

Market choice

Location in Ireland – a leading EU domicile

OUR FUND MARKETSWhy global fund managers choosethe ISE


OUR FUND MARKETSListings from global investment managers

Source: ISE - September 2017

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Bud

apest Sto

ck Exchang

e

Australian Securities E

xchange

Ho

ng K

ong

Exchang

es and C

learing

BM

&FB

OV

ESPA

S.A.

Japan E

xchange G

roup

Inc.

Mo

scow

Exchang

e

Ko

rea Exchang

e

Nasd

aq - U

S

Nasd

aq N

ord

ic Exchang

es

Shenzhen Stock E

xchange

TMX

Gro

up

Bo

lsa Mexicana d

e Valores

Bo

lsa de C

om

ercio d

e Santiago

SIX Sw

iss Exchang

e

Euro

next

NYSE

LSE G

roup

BM

E Sp

anish Exchang

es

Natio

nal Stock E

xchange o

f India Lim

ited

Deutsche B

oerse A

G

Irish Stock E

xchange

Luxemb

ourg

Stock E

xchange

5,440

Source: World Federation of Exchanges (WFE)

INVESTMENT FUNDS AND ETFs#2 Total Fund ListingsWorldwide September 2017Across 56 exchanges


TRADING ON THE ISEWhy international banks and investment fi rms trade on the ISE

#1 centre of liquidity for Irish shares

World-class trading & post-trade infrastructure

Ease and low cost of connectivity

Competitive fees

#1

T7

EQUITY TRADING MEMBERSSourcing global investors


EDUCATION PROGRAMMESdelivering executive education on strategic capital funding through #IPOready programme and bespoke bootcamps

ACCESSIBLE TEAMSready to engage with and support ambitious companies

THE ISESupporting entrepreneurship

CHOICE OF MARKETS providing companies with options to suit their stage of development

MSMESM

ASM

INVESTOR ACCESS enabling companies to raise capital from global investors

ENTERPRISE ADVOCATE using our voice to support enterprise and scaling in Ireland


BOND LISTINGWe provide a streamlined listing service on our two debt markets for issuers of bank, corporate and sovereign bonds and other debt related securities.

MARKET DATA, ISEQ INDICES & STATISTICSWe are the offi cial source of market data on ISE markets, providing standardised and tailored data solutions to meet your business needs.

FUND & ETF LISTINGWe enable investment fund managers access global investors through the listing of a broad range of investment funds and exchange traded funds (ETFs).

#IPOREADY PROGRAMMEOur education programme for high potential growth companies equips executives with key skills in raising capital, investor relations and business management.

EQUITY LISTINGWe operate three equity markets suited to companies in various stages of their lifecycle looking to access international pools of capital and investors.

LEI SERVICESOur online LEI (Legal Entity Identifi er) service allows international organisations to apply for, update, renew or port LEIs required for regulatory or legal purposes.

TRADING & MEMBERSHIPWe offer membership for trading in shares, ETFs, Irish Government bonds and other securities using world-class, easily accessible and cost-effective trading and post-trade infrastructure.

ISIN SERVICESWe issue ISINs (International Security Identifi cation Number) for Ireland, enabling securities to be identifi ed by international markets meeting regulatory or trading requirements.

REGULATORY ANNOUNCEMENTSWe fi le and publish regulatory documents and announcements for issuers enabling them to comply with their regulatory obligations.

THE ISEA full service stock exchange


Contact Our Teams

James JohnstonT +353 (1) 6174 203E [email protected]

UK & IRELAND

GERMANY & EASTERN EUROPE

USA

MIDDLE EAST

ASIA

Orla O’GormanT 353 1 617 5130E [email protected]

Niall GibneyT 353 1 617 4272E [email protected]

Daryl ByrneT +353 (1) 617 4239E [email protected]

LISTING, TRADING & POLICY

Anthony ByrneT +353 1 6174 206E [email protected]

NORDIC REGION

BENELUX REGION

FRANCE

CANADA

AUSTRALASIA

Gerry SugrueT +353 1 617 4280E [email protected]

Gillian LeesonT +353 1 617 5143E [email protected]

Rosemary LeavyT +353 1 617 4268E [email protected]

Conor MilesT +353 1 617 4215E [email protected]

Ailish ByrneT +353 1 617 4266E [email protected]

Grainne O’FarrellyT +353 (1) 617 4267E [email protected]

FUND & ETF LISTING

James FergusonT +353 (1) 617 4225E [email protected]

Maurizio PastoreT +353 (1) 6174 284E [email protected]

MEDITERANNEAN REGION

AFRICA

LATIN AMERICA

Rose WardT +353 1 617 4242E [email protected]

Aisling McArdleT +353 (1) 617 4216E [email protected]

BOND & EQUITY LISTING

Gareth O’NeillT +353 (1) 617 4286E [email protected]

BOND LISTING REGULATION

EQUITY LISTING & IPO SUPPORT

TRADING & MEMBERSHIP MEDIA & ADVOCACY

FUND & ETF LISTING ISEFUNDHUB REGULATORY POLICY

MARKET DATA, ISEQ INDICES & STATISTICS

REGULATORY ANNOUNCEMENTS, ISIN & LEI SERVICES

OUR WEBSITES

www.ise.ieOur main website with information about us, our products, services and news. Also provides market data and announcements.

www.isedirect.ieOur online services portal to submit announcements, NAVs and apply for ISIN and LEI codes.

www.isefundhub.com An information centre for ISE listed and Irish domiciled funds for professional investors.

Irish Stock Exchange28 Anglesea StreetDublin 2, Ireland

T +353 1 617 4200

www.ise.ie

The Irish Stock Exchange plc is regulated by the Central Bank of Ireland© Irish Stock Exchange 10/2017

guide to ise services for global issuers

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