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?
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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