MKT 1.3.3

(1) An Applicant is a SME under this module if:
(a) it is applying for the admission of its Shares to the List; and
(b) the aggregate market value of all of its listed Shares on admission is reasonably expected to be less than $250 million.
(2) A Listed Entity is a SME under this module if:
(a) the aggregate market value of all of its listed Shares on admission was less than $250 million; and
(b) it has not ceased to be a SME under (3).
(3) A Listed Entity ceases to be a SME for the purposes of (2)(b), if the average aggregate market value of its listed Shares has exceeded $500 million for 90 consecutive days.
Derived from RMI273/2020 (Made 26th February 2020). [VER16/04-20]