FEES 4 Annex 7 124Periodic fees in relation to the Listing Rules for the period 1 April 2011 to 31 March 2012764
1Fee type |
Fee amount |
Annual fees for the period 1 April 2011 to 31 March 201276 23447 |
|
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 premium listing 6will 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 |
| 23 | |
Issuers of depositary receipts and global depositary receipts |
236 |
Table 2
Tiered annual fees for all other issuers
Fee payable |
|
Minimum fee (£) |
236 |
£ 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 |
2346 |
>250 - 1,000 |
2346 |
>1,000 - 5,000 |
2346 |
>5,000 - 25,000 |
2346 |
>25,000 |
2346 |
There is deducted from the fee specified in this Annex 4.7%76 of the fee payable to take into account financial penalties received by the FSA under section 91 of the Act 7in the previous financial year.4
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