Recital 1

(1)In order to make public capital markets in the Union more attractive for companies and to facilitate access to capital for small and medium-sized enterprises (SMEs), Regulation (EU) 2024/2809 of the European Parliament and of the Council ² introduced two new types of short-form prospectuses aiming to reduce costs and burdens for issuers: an EU Follow-on prospectus for secondary issuances of securities by companies already listed on a regulated market or an SME growth market, and an EU Growth issuance prospectus, mainly designed for SMEs and companies listed or to be listed on SME growth markets. In order to ensure that the EU Follow-on prospectus and the EU Growth issuance prospectus support those objectives, the appropriate reduced content and standardised format and sequence should be specified, taking into account the feedback received in the targeted consultation and in the four week-feedback period on the Have your Say portal. Since all provisions and Annexes relating to prospectuses are laid down in Commission Delegated Regulation (EU) 2019/980 ³ , it is appropriate to set out the new provisions and Annexes related to the EU Follow-on prospectus and the EU Growth issuance prospectus in that Delegated Regulation.