Recital 1

(1)To facilitate companies’ access to Union public markets and enhance liquidity and the supply of capital to already listed companies, thereby making the Union public markets more attractive for investors, Union listing rules should be simple and administrative burdens should be limited as much as possible. The requirements for prospectuses should therefore be significantly streamlined and modelled after the lighter disclosure requirements of the EU Growth prospectus, which expired on 5 March 2026. The Annexes to Commission Delegated Regulation (EU) 2019/980 ² should be updated accordingly.