E.U. – ESMA Short Selling Non-Listed Shares FAQ

E.U. – ESMA Short Selling Non-Listed Shares FAQ

On 17 September 2024, ESMA issued FAQ on determination of net short position.

  • ESMA issued new FAQ concerning the Short Selling Regulation (SSR Reg 236/20212).

Determination of Net Short Position Q: ESMA_QA_2282

  • Asks, when calculating net short positions in relation to issuers having both listed and non listed shares, should the issued share capital also include non-listed shares.

Next Steps

  • ESMA has not yet provided an answer to the short selling question, but will do so via future update.