LISTING FEES AND TRADING CHARGES
Listing Fees – Effective January 1, 2022
INITIAL/ANNUAL LISTING FEE (EFFECTIVE 2022)
SUPPLEMENTARY FEE (EFFECTIVE 2022) (Listing & Delisting)
APO/RIGHTS ISSUE (Effective 2022)
Over $100m – $900m
Over $900m – $5b
Over $5b – $20b
Over $20b – $50b
Over $50b – $100b
Charges for the listing of a company’s securities comprise an initial fee, an annual fee and a supplementary fee which includes the listing of additional shares or delisting of the securities from the Exchange or any part thereof. These fees are in accordance with the scales set out by the Exchange from time to time.
(i) Initial Fee
- The initial fee, which is based on total issued share capital value of each new listing of securities not already listed, must accompany each Application for Listing. The minimum charge is $233,730.
- Prospectus upload $30,200
- Review of Prospectus $36,000
- ISIN Number US$160
- Strip $3,728.00 inclusive of GCT
(ii) Annual Fee
An annual fee is payable. Calculation of the fee is based on the average market value at month-end for the previous twelve- month or shorter period (where applicable), of all classes of a company’s securities which are the subject of listing. The minimum charge for Annual Fee is $233,730.
(iii) Supplementary Fee
Where a supplementary fee is payable, the calculation is based on the market value of the shares on the date of the request for the listing or delisting (where applicable), of the company’s securities which are the subject of the listing or delisting. The minimum charge for Annual Fee is $48,282.
(iv) APO/Rights Issue
The fees for APOs and Rights Issues which are based on total issued share capital value of each new listing of securities not already listed, must accompany each Application for Listing. The minimum charge is $111,300.
(v) Facilitation Fee
Facilitation Fees in respect to arrangements with the Exchange that will allow for minimum required holdings to be achieved by the end of the 1st business day of the listing will be 1% of the Market Capitalization of the Company.
(vi) Regular Trading & Block Transaction (Junior Market – Equities)
Regular Trading Transaction & Block Transaction Fees are 0.3 of 1% of the value of the securities traded. (On each side of the transaction).
(vii) Regular Trading & Block Transaction – (Preference Shares & Bond Market)
Regular Trading & Block Transaction Fees are 0.3 of 1% that is, $0.30 per $1,000 of the value of the securities traded. (On each side of the transaction).
The Annual Fee becomes due on January 1 each year, following the calendar year of listing and must be forwarded to reach the Exchange within fourteen (14) days of that date.
Please note that all fees attract GCT.