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Status: You are viewing the version of the handbook as on 2009-03-31.

FEES 4 Annex 7 12Annex 7, Periodic fees in relation to the Listing Rules for the period 1 April 2008 to 31 March 2009

R

1Fee type

Fee amount

Annual fees for the period 1 April 2008 to 31 March 2009 3

23

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 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

Issuers of securitised derivatives

£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

Fee (£/£m or part £m of Market Capitalisation)

0 - 100

0

>100 - 250

15.066003

23

>250 - 1,000

6.026003

23

>1,000 - 5,000

2.005003

23

>5,000 - 25,000

0.037703

23

>25,000

0.010083

23