Euronext announced Friday that it has introduced the European Common Prospectus, a standardised equity issuance template aimed at deepening capital market integration and stimulating IPO activity across the European Union.
Euronext Launches European Common Prospectus to Boost IPO Activity Across the EU
Available immediately across all Euronext listing venues, including Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris, the new prospectus is said to simplify the listing process by replacing 21 traditional sections with just 11.
The firm adds that the prospectus is designed in English and will undergo the usual regulatory approvals.
Euronext said the initiative fills a critical gap ahead of the anticipated implementation of the EU Listing Act in 2026.
“Europe cannot afford to wait,” said Stéphane Boujnah, CEO of Euronext. “This European Common Prospectus is not only about regulatory alignment; it is also about competitiveness.”
The firm adds that the template offers issuers a faster and more efficient route to market, while giving investors a consistent format to evaluate offerings across jurisdictions.
Euronext developed the template in consultation with market participants including bankers, legal advisers and investors.
Capital markets experts have welcomed the move. Charles-Henry Gaultier of Lazard called it “a practical step to boost IPO activity in Europe,” while Tim Stevens of A&O Shearman said it would “make it easier for companies to access capital markets efficiently.”
