DEM - LISTING ON SEM - Listing Fees – Stock Exchange of Mauritius

Listing fees - DEM

Application Fee & Further issue of securities

An application fee of MRU 150,000 shall be charged to every new applicant, except for applicants seeking the admission of debt securities or the admission of further debt securities, which shall be charged an application fee of MRU 125,000.
A fee of MRU 100,000 shall be charged in respect of every application for the admission of further DEM securities (where applicable) under rule 25.

Documentation/Inspection Fees relating to Corporate Actions

	Documents	Fee (Rs.)
1	Review of Further Admission Document	20,000
2	Reverse Takeover	20,000
3	Amalgamation	20,000
4	Share Incentive / Option Scheme	-
	Employee Share Scheme	8,000
5	Other Fees	-
	Other Complex Transactions / Circulars	20,000

Annual Listing Fee

Fee Structure

Av. Mkt Capitalisation (Rs)	Initial Listing Rate (Rs)	Additional Listing Rate (Rs)
up to 50M	37,800	18,900
Rs 50,000,001 to 100M	56,700	28,350
Rs 100,000,001 to 200M	81,800	40,900
Rs 200,000,001 to 400M	100,800	50,400
Rs 400,000,001 to 800M	119,500	59,750
Rs 800, 000,001 to 1000M	138,600	69,300
Rs1, 000,000,001 to 2000M	170,100	85,050
Rs 2, 000,000,001 to 5,000M	188,800	94,400
Rs 5, 000,000,001 to 10,000M	220,400	110,200
Above Rs10, 000M	220,400 + .001 % on excess over Rs 10,000M	110,200 + .001 % on excess over Rs 10,000M

Foreign Investment Companies, Foreign Unit Trusts, Offshore Companies, Offshore Trusts or Other Types of Funds

1. In the case of a foreign investment company, a foreign unit trust, an offshore company, an offshore trust or any other type of fund, an initial listing fee of US $ 1,000 and an annual fee of US $ 1,000 is applicable.

2. In the case of a “multi-class fund” or an “umbrella fund”, (a collective investment scheme which is divided into a number of subfunds), the following will apply in respect of the initial and annual listing fees payable:

No of different classes	Initial fee / Annual fee
1 - 3	US $ 1,000 (per subfund)
4 - 10	US $ 3,500 (fixed)
11 - 20	US $ 5,000 (fixed)
Over 20	US $ 7,000 (fixed)