Question

5. How is the listing fee calculated in the ASX? If a firm plans to issue...

5. How is the listing fee calculated in the ASX? If a firm plans to issue 15 million shares with
the face value of $10/share. How much is initial and annual listing fee applied for the company?

Homework Answers

Answer #1
Listing fee is calculated in the ASX, based on the value of securities quoted as per the
ASX Listing Rules, Guidance Note 15-A, Schedule 1 ,
Under this Guidance Table 1A-- provides the Initial listing fee for equity securities, for various denominations---- effective Jan 1,2020
As per which, initial listing fee for   $ 150 mlns. Is
159177+(0.04665550%*(150-100)=
159177.02
$
Table 1B-- provides the annual listing fee for equity securities, for various denominations---- effective July 1,2019
As per which , annual listing fee for   $ 150 mlns. Is
45901+(0.00426567%*(150-100))=
45901.00
$
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