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

Listing fees - DEM

Application Fee

An application fee of MRU 75, 000 shall be charged to every new applicant.

Further issues of securities

A fee of MRU 50, 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	15,000
2	Reverse Takeover	15,000
3	Amalgamation	15,000
4	Share Incentive / Option Scheme	-
	Employee Share Scheme	5,000
5	Other Fees	-
	Other Complex Transactions	15,000

Annual Listing Fee

Fee Structure

Av. Mkt Capitalisation (Rs)	Initial Listing Rate (Rs)	Additional Listing Rate (Rs)
up to 50M	35,100	17,550
Rs 50,000,001 to 100M	52,600	26,300
Rs 100,000,001 to 200M	76,000	38,000
Rs 200,000,001 to 400M	93,600	46,800
Rs 400,000,001 to 800M	111,100	55,550
Rs 800, 000,001 to 1000M	128,800	64,400
Rs1, 000,000,001 to 2000M	158,000	79,000
Rs 2, 000,000,001 to 5,000M	175,500	87,750
Rs 5, 000,000,001 to 10,000M	204,800	102,400
Above Rs10, 000M	204,800 + .001% on excess over Rs 10,000M	102,400 + .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)