FEES 4 Annex 7 124Periodic fees in relation to the Listing Rules for the period 1 April 2009 to 31 March 20104
1Fee type |
Fee amount |
Annual fees for the period 1 April 2009 to 31 March 20104 234 |
|
Annual Issuer Fees - all listed issuers of shares, depositary receipts and securitised derivatives. This fee represents the total annual fee for a listed issuer - no additional annual fee is due under the disclosure rules and transparency rules. |
(1) For all issuers of securitised derivatives, depositary receipts and global depositary receipts the fees payable are set out in Table 1. (2) For all other issuers, fees to be determined according to market capitalisation, as at the last business day of the November prior to the FSA financial yearin which the fee is payable,5 are 3as set out in Table 2. The fee is calculated as follows: (a) the relevant minimum fee; plus (b) the cumulative total of the sums payable for each of the bands calculated by multiplying each relevant tranche of the firm's market capitalisation by the rate indicated for that tranche. Where issuers have more than one type of share in issue, the highest market capitalisation of all of its securities in issue is used. (3) Notwithstanding (2), overseas issuers with a listing of equity securities which is not a primary listing will only pay 80% of the fee otherwise payable under (2). |
Annual fees are charged in annual cycles beginning on 1 April of a year and ending on 31 March of the following year. For fees purposes issuers should take into account only equity ordinary shares, including those issued by suspended issuers. |
|
Table 1Annual fees for issuers of securitised derivatives, depositary receipts and global depositary receipts
Issuer |
Fee amount |
£3,4253 23 |
|
Issuers of depositary receipts and global depositary receipts |
£4,1103 23 |
Table 2
Tiered annual fees for all other issuers
Fee payable |
|
Minimum fee (£) |
£3,4253 23 |
£ million of Market Capitalisation as at the last business day of the November prior to the FSA financial year in which the fee is payable5 |
Fee (£/£m or part £m of Market Capitalisation as at the last business day of the November prior to the FSA financial year in which the fee is payable)5 |
0 - 100 |
0 |
>100 - 250 |
21.8457004 234 |
>250 - 1,000 |
8.7377004 234 |
>1,000 - 5,000 |
5.3784134 234 |
>5,000 - 25,000 |
0.1311964 234 |
>25,000 |
0.0423864 234 |
There is deducted from the fee specified in this Annex 6.4 of the fee payable to take into account financial penalties received by the FSA in the previous financial year.4