ExtraMOT PRO definition

ExtraMOT PRO means the professional segment of the multilateral trading facility “ExtraMOT”, which is a multilateral system for the purposes of the Market and Financial Instruments Directive 2014/65/EC managed by Borsa Italiana S.p.A.
ExtraMOT PRO means the segment of the ExtraMOT Market for the trading of the financial instruments referred to in Article 220.5 of the ExtraMOT Market Rules and the additional instruments referred to in Article 220 of the ExtraMOT Market Rules, to be accessed only by professional investors.
ExtraMOT PRO means the professional segment of the ExtraMOT.

Examples of ExtraMOT PRO in a sentence

  • Bonds can also be issued on ExtraMOT PRO, which is only accessible to professional investors.

  • The main features of ExtraMOT PRO minibonds are the following: • No minimum issue size • Average size of €25-30m • Maturity of 5-7 years • Fixed coupon or floating • Average yield of 6% p.a.13 • Rating non-mandatory (Bonds are generally unrated but a third are rated).

  • For example, in 2010 BondM market was launched in Germany and ORB in the UK, in 2012 IBO was launched in France, and in 2013 ExtraMOT PRO was launched in Italy and MARF in Spain.

  • ExtraMOT PRO allows companies to issue debt instruments and take the opportunity and the fiscal benefit of the new Italian regulatory framework.

  • This special type of listing on ExtraMOT PRO allows Italian companies, and in particular SMEs, to have access to institutional investors such as insurers or pension funds with a flexible approach, which is simpler and easier than on the regulated market.

  • The bond issue, called "TernEnergia 2019," amounts to Euro 25 million, five-year fixed rate equal to the gross 6.875% annual coupon, and is negotiated at ExtraMOT PRO, the professional segment of the bond market, managed by the Italian Stock Exchange.

  • The decision of the Italian Stock Exchange and the date of commencement of trading of the Notes on ExtraMOT PRO, together with the information required in relation to trading, shall be communicated by the Italian Stock Exchange by the issuance of a notice, pursuant to Section 11.6 of the guidelines contained in the Rules of ExtraMOT.

  • Therefore, investors other than Qualified Investors do not have access to ExtraMOT PRO with a consequent limitation of the possibility to sell the Notes.

  • The Notes will be listed and negotiated on ExtraMOT PRO and, as such, the Issuer will be entitled to pay the interest, premiums and similar proceeds on Notes due to qualified Noteholders without application of any withholding tax as per Legislative Decree no.

  • If the relevant party fails to respond within the required period, PhonepayPlus will proceed with the case on the assumption that it does not wish to respond.


More Definitions of ExtraMOT PRO

ExtraMOT PRO means the multilateral trading system named "segmento professionale ExtraMOT PRO" which is part of the multilateral trading system (sistema multilaterale di negoziazione delle obbligazioni) held by Borsa Italiana S.p.A. and named "ExtraMOT";
ExtraMOT PRO means the multilateral trading facility managed by Borsa Italiana S.p.A..

Related to ExtraMOT PRO

  • the Licensee means the person(s) named in the licence.

  • Licensor means the copyright owner or entity authorized by the copyright owner that is granting the License.

  • Licensee has the meaning set forth in the preamble.

  • Microsoft means Microsoft Corporation.

  • Non-Microsoft Product means any third-party-branded software, data, service, website or product, unless incorporated by Microsoft in a Product.

  • Feedback means input regarding the SAP Products, services, business or technology plans, including, without limitation, comments or suggestions regarding the possible creation, modification, correction, improvement or enhancement of the SAP Products and/or services, or input as to whether Partner believes SAP’s development direction is consistent with their own business and IT needs.

  • TFEU means the Treaty on the Functioning of the European Union.

  • HCD means the California Department of Housing and Community Development.

  • UMDAP means the Uniform Method of Determining Ability to Pay and refers to the 2 method used for determining the annual Client liability for Mental Health Services received from the 3 COUNTY mental health system and is set by the State of California.

  • NSI means net scheduled interchange.

  • NTC shall have the meaning set forth in the preamble to this Agreement.

  • USOE means the Utah State Office of Education.

  • DCF means Day Count Fraction;

  • SONIAi-pLBD means, in respect of any London Banking Day falling in the relevant Interest Period, the SONIA Reference Rate for the London Banking Day falling "p" London Banking Days prior to the relevant London Banking Day "i".

  • BD means Business Day and “DD” means Dealing Day. Any application received after the cut off time on a Dealing Day will be treated as an application for the next Dealing Day.

  • Publisher means any person or entity that distributes copies of the Document to the public.