Category: ALSE News

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On its meeting of May 13th, 2020, the ALSE Supervisory Board approved the guidance of listing in Albanian Securities Exchange markets.

Following the work done for completion of ALSE regulatory framework, the listing guidance gives information to Albanian companies, interested to issue securities, or which are currently listed in the stock exchange, toward a more detailed view of listing processes.

Moreover, this guidance has the intention of guiding potential and existing issues on the:

• Procedures of delisting existing securities from stock exchange markets;
• Procedures of transferring securities in between stock exchange markets;
• Reporting procedures and obligations that listed companies have to be transparent and to disclose information to both, ALSE and public.

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Through this press release, Albanian Securities Exchange (ALSE) notifies the public and its members that based on:

• The Order no. 256, date 10.04.2020, issued by the Ministry of Health “For the closure or restriction of movements in the Republic of Albania”,
• The decision issued by ALSE Supervisory Board no. 40, date 26.03.2020, and
• The official electronic notification regarding the changing to official standard operating hours sent by the Albanian Financial Instruments Settlement & Registration (AFISaR), which is the central depository administered from Bank of Albania,

trading hours for transactions in securities to be executed at ALSE markets, will be shifted back to the normal hours of the standard schedules as follows:

1. Trading Schedule only during the official trading days in the stock exchange (every Tuesday and Thursday)

2. Off – Exchange transactions executed out of the official trading days, respectively every Monday, Wednesday and Friday, during the hours 9:00 until 17:00.

This Schedule will be applicable starting from the April 15^th, 2020.