Guidance Note ASX Schedule of Listing Fees by liaoqinmei

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									Guidance Note 15A
                              ASX Schedule of Listing Fees
                              Introduction
     Issued: March 2011
Key topics                    This Guidance Note sets out ASX’s Schedule of Listing
Fee Schedules                 Fees for the purposes of Chapter 16 of the Listing Rules.
1. ASX Listings and ASX       It should be read in conjunction with Guidance Note 15,
    Foreign Exempt Listings   which explains how listing fees are calculated and other
2. ASX Debt Listings          administrative matters regarding the payment of listing
3. Listed Managed             fees.
    Investments
4. All Entities
                              GST
Listing Rules
1.   Chapter 16               The fees set out below do not include GST. GST
                              collected by ASX will be shown separately on the tax
Cross-reference               invoices issued in relation to the fees payable.
1.   Guidance Note 15 - ASX
     Listing Fees




  Guidance Note History
First Issued:     04/03/11




March 2011                                                                    GN 15 – Page 1
                                                                                        Guidance Note 15A
                                                                                ASX Schedule of Listing Fees
SCHEDULE 1 – ENTITIES ADMITTED AS ASX LISTINGS OR ASX FOREIGN EXEMPT
LISTINGS

Initial listing fees
Table 1A – Initial listing fee for equity securities

 Value of securities for which quotation is sought     Fee (payable on application for admission)
 Up to $3 million                                      $25,000
 $3,000,001 to $10m                                    $25,000 +0.2671429% on excess over $3m
 $10,000,001 to $50m                                   $43,700 + 0.07975% on excess over $10m
 $50,000,001 to $100m                                  $75,600 + 0.04004% on excess over $50m
 $100,000,001 to $500m                                 $95,620 + 0.03% on excess over $100m
 $500,000,001 to $1,000m                               $215,620 + 0.025% on excess over $500m
 Over $1,000 million                                   $340,620 + 0.018% on excess over $1,000m

Annual listing fees

Table 1B – Annual listing fee for equity securities

 Value of quoted securities                            Fee
 Up to $3m                                             $9,990
 $3,000,001 to $10m                                    $9,990 + 0.1425% on excess over $3m
 $10,000,001 to $100m                                  $19,970 + 0.0154% on excess over $10m
 $100,000,001 to $1,000m                               $33,800 + 0.002865% on excess over $100m
 $1,000,000,001 to $10,000m                            $59,590 + 0.00088% on excess over $1,000m
 Over $10,000,000,001                                  $138,790 + 0.00009% capped at $197,000

Subsequent listing fees

Table 1C – Fee for quotation of additional equity securities

 Value of securities for which quotation is sought     Fee
 Up to $100,000                                        $1,500
 $100,001 to $500,000                                  $1,500 + 0.4250% on excess over $100,000
 $500,001 to $2.5m                                     $3,200 + 0.25% on excess over $500,000
 $2,500,001 to $10m                                    $8,200 + 0.13% on excess over $2.5m
 $10,000,001 to $20m                                   $17,950 + 0.05% on excess over $10m
 $20,000,001 to $50m                                   $22,950 + 0.04% on excess over $20m
 $50,000,001 to $100m                                  $34,950 + 0.03% on excess over $50m
 $100,000,001 to $500m                                 $49,950 + 0.025% on excess over $100m
 Over $500m                                            $149,950 + 0.02% on excess over $500m


March 2011                                                                                          GN 15A – Page 2
                                                                                                   Guidance Note 15A
                                                                                           ASX Schedule of Listing Fees
SCHEDULE 2 – ASX DEBT LISTINGS

Debt securities quoted to facilitate trading

Initial Listing Fee

Table 2A – Initial listing fee for debt securities issued to facilitate trading

 Type of listing                                      Fee (payable on application)
 ASX Debt Listing                                     $10,000

Annual Listing Fees

Table 2B – Annual listing fee for debt securities issued to facilitate trading (Option 2*)

 Period since date of first admission                 Fee
 First 5 years                                        No fee
 After 5 years                                        Annual Listing Fee as shown in Table 2C**

* Only applies to entities which were admitted and elected to pay fees under this option prior to 1 July 2009.
** A pro-rata annual listing fee is payable if the 5-year annual listing fee-free period expires prior to 30 June.

Table 2C – Annual listing fee for debt securities issued to facilitate trading (all other cases)

 Aggregate face value of all series of debt           Fee
 securities per entity in CHESS subregister
 as at 31 May
 Up to $50m                                           $5,000 per annum
 Over $50m                                            $5,000 per annum. plus 0.0025% on excess over
                                                      $50m

Subsequent listing fees

Table 2D – Subsequent listing fee for debt securities issued to facilitate trading

 Type of listing                                      Fee
 Quotation of debt securities in each                 $5,000
 subsequent debt series

Rate Reset Fees (Floating Rate Notes only)

A fee of $500 per rate reset per series applies.




March 2011                                                                                                      GN 15A – Page 3
                                                                                                   Guidance Note 15A
                                                                                           ASX Schedule of Listing Fees
Debt Securities quoted on the Wholesale Loan Securities Market

Initial Listing Fee

Table 2E – Initial listing fee for debt securities quoted on Wholesale Loan Securities Market

 Type of listing                                      Fee (payable on application)
 ASX Debt Listing                                     $10,000


Annual Listing Fees

Table 2F – Annual listing fee for debt securities quoted on Wholesale Loan Securities Market (Option
2*)

 Period since date of first admission                 Fee
 First 5 years                                        No fee
 After 5 years                                        Annual Listing Fee as shown in Table 2G**

* Only applies to entities which were admitted and elected to pay fees under this option prior to 1 July 2009.
** A pro-rata annual listing fee is payable if the 5-year annual listing fee-free period expires prior to 30 June.

Table 2G – Annual listing fee for debt securities quoted on Wholesale Loan Securities Market (all
other cases)

 Type of listing                                      Fee
 Debt securities quoted on Wholesale                  $5,000 per annum per entity, plus $5,000 per
 Loan Securities Market (all other cases)             additional program (if applicable)

Subsequent Listing Fees

Table 2H – Subsequent listing fee for debt securities quoted on Wholesale Loan Securities Market

 Type of listing                                      Fee
 First subsequent listing by ASX Listing              $10,000 (payable on application)
 or ASX Foreign Exempt Listing
 Quotation of debt securities in each                 $5,000
 subsequent series (whether or not
 entity has debt program)
 Quotation of each additional debt                    $10,000
 program




March 2011                                                                                                      GN 15A – Page 4
                                                                                 Guidance Note 15A
                                                                         ASX Schedule of Listing Fees
SCHEDULE 3 – ALTERNATIVE FEE BASIS FOR LISTED MANAGED INVESTMENTS

Initial Listing Fees

Table 3A – Initial listing fees payable for LMIs that have the one fund manager

 Number of funds                             Fee
 First fund                                  $12,000
 Second fund                                 $8,000
 Third & subsequent funds                    $3,000

Annual Listing Fees

0.036% of the LMI’s market capitalisation.

Subsequent Listing Fees

There are no subsequent listing fees under this option.




March 2011                                                                               GN 15A – Page 5
                                                                                    Guidance Note 15A
                                                                            ASX Schedule of Listing Fees
SCHEDULE 4 – ADDITIONAL FEES

Table 4A – Additional fees

 Document/activity                                    Fee
 Reviewing an Appendix 1A (Application for            $12,500
 ASX Listing) and accompanying documents              (If listing proceeds, this
                                                      amount will be set off against
                                                      the Initial Listing Fee)
 Reviewing an Appendix 1B (Application for            $5,000
 ASX Debt Listing) and accompanying                   (If listing proceeds, this
 documents                                            amount will be set off against
                                                      the Initial Listing Fee)
 Reviewing an Appendix 1C (Application for            $12,500
 Foreign Exempt Listing) and accompanying             (If listing proceeds, this
 documents                                            amount will be set off against
                                                      the Initial Listing Fee)
 Reviewing an application for an in-principle         $5,000
 decision (eg for a waiver of a listing rule) by a    (If listing proceeds, this
 potential applicant for listing made otherwise       amount will be set off against
 than in documentation accompanying an                the Initial Listing Fee)
 Appendix 1A, 1B or 1C
 Reviewing documents lodged by a listed entity        $300 per hour for each hour
 which, in ASX’s estimation, will require, or         that ASX estimates that
 have required, more than 10 hours time by a          Listing Advisers will be, or
 Listings Adviser or Advisers, including (by way      were, involved in reviewing
 of example):                                         the documents in excess of
 •    Notice of Meeting documentation for a           10 hours
      significant or complex transaction              (ASX may charge this fee
 •    A listing rule waiver application that raises   before or after undertaking
      novel or complex issues                         the work involved)
 •    An application to be reinstated to
      quotation
 •    A proposed new constitution for, or
      significant changes to the existing
      constitution of. a company or trust




March 2011                                                                                  GN 15A – Page 6

								
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