Your Springboard to Activity in Global Markets
Companies in the technology and biomed sectors naturally dream of going global. TASE enables you to list, issue and mature at a healthy pace and assists you in your efforts to expand your activities abroad.
The Global Success of Israeli Research and Development
List First in Tel Aviv
Advantages in Listing on the Tel Aviv Stock Exchange Before You Go Elsewhere
Cost Savings
There are many factors to consider when you’re deciding where to list, and the most significant one is cost. Listing on TASE involves significantly lower costs than the US and European exchanges, and Tel Aviv outwits its American and European counterparts with modest annual "maintenance" costs.
Enhanced Visibility
Most Israeli companies traded on US stock exchanges are considered small relative to those in the US market, and therefore have difficulty attracting interest from US investors and analysts. The TASE sees these companies as medium-sized and gives them pride of place in leading indices, which boosts exposure and marketability of shares. When ETFs and mutual funds track stock exchange indices, their investment coverage policy dictates that they have no other choice but to acquire the shares included in the various indices.
Advantages of
Playing Home Field
Small and medium-sized companies who list on exchanges abroad but fail to meet expected growth forecasts within a relatively short period of time, lose investors’ interest, which can throw share marketability and company value into a downward spiral. Israeli investors are more tolerant and are less likely to be spooked.
Take Time to Mature
The Tel Aviv Stock Exchange is a natural choice for small and medium-sized Israeli companies who want to build value and maturity before listing abroad.
Advantages of Dual Listing
For companies already listed on the LSE, NASDAQ, or NYSE, the Tel Aviv Stock Exchange provides an excellent and simple solution for dual listing, so your company gets fast-tracked with all the advantages of the local market, filing financial statements and disclosures submitted abroad.
Innovative Programs
TASE UP – Your next Milestone
In 2020, TASE launched TASE UP, an innovative platform that enables private companies to raise capital from institutional investors and qualified customers. As TASE UP operates independently of TASE’s public companies’ trading platform, private companies that choose to be listed on the TASE UP platform remain private - they do not carry out an IPO and therefore not subject to ongoing disclosure requirements under the Israeli Securities Law and are not required to publish a prospectus when listing their securities.
Companies can list on TASE UP and enjoy continuous trading of shares, options, participation units, convertible bonds and straight bonds.
TASE UP Site
Global offering on TASE
TASE recent Global IPO has paved the way for Israeli high-tech companies to conduct a fully global offering on the TASE.
Israeli high-tech companies can enjoy exposure to leading global institutional investors, valuation in-line with international markets, book building IPO's, increased liquidity and English research from globally recognized sector analysts, alongside the benefits of the Israeli capital market: inclusion to TASE flagship indices , lower issuance and ongoing costs , increased liquidity and deductible issuance costs from corporate earnings.
Over 100 regulatory amendments
The Tel Aviv Stock Exchange and Israel Securities Authority (ISA) issued unprecedented leniencies and innovative programs for small and novice companies, designed to facilitate their maiden listing on the Tel Aviv Stock Exchange. These programs simplify the listing process and keep maintenance costs at a minimum for a company in its public-trading infancy.
Success Story
Maytronics
A company that develops, manufactures and markets equipment for swimming pools, its primary product being cleaning robots for swimming pools.
2004
- Initial public offering - market value of NIS 158 million.
2021
- Market cap of NIS 7.4 billion
- The company share entered the TA-35 flag sheep Index
Company Market Value
7.4
Billion NIS
Yield – 9,126%
*Yield from the date of issue on TASE as of June 30, 2021.
There’s so much more we can tell you about raising capital on the Tel Aviv Stock Exchange
We’d love to meet with you so we can get to know your company and help you to take it to the next level.
For more information:
Lior Navon - Head of Sales and Market Developments,
TASE
Mail: liorn@tase.co.il
Tel: +972-76-8160536
Mobile: +972-52-8322621
Sharon Fridrich Peled - Sales&Markets Development Manager
Mail: sharonf@tase.co.il
Mobile: +972-54-5324654