This model prospectus is the result of applying the proposals in our briefing paper Simplified prospectus for SMEs from May 2016 to the original prospectus of a Swedish company, Gränges. By putting our proposed principles into practice, we transformed the lengthy, legalistic document into a more concise, business focused and investor friendly product.
The outcome is less than 30% of the original prospectus’ volume, more to-the-point and responds to the needs of investors and businesses. This demonstrates that our recommendations can help policy makers simplify SME prospectuses.
Accountancy Europe prepared this model in cooperation with and would like to thank two groupings of accountancy firms: the European Contact Group (ECG) and the European Group of International Accounting Networks and Associations (EGIAN).
