In the following context, what does "listing" mean? I couldn't find its definition online, there were a few suggestions but none of them fit.
There has been considerable external demand to buy into it but this privilege is currently exclusive to our current shareholders under their preferred OPTIONs only. On completion of the listing, any OPTIONs not exercised by our shareholders may be allocated to non-shareholders, institutional investors and investment banks. In reality, this corporation will ultimately raise more funds by selling its shares to the public prior to listing.