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

Listing fees - DEM

Application Fee & Further issue of securities

An application fee of MRU 200,000 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 150,000.
A fee of MRU 150,000 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	25,000
2	Reverse Takeover	25,000
3	Amalgamation	25,000
4	Share Incentive / Option Scheme	-
	Employee Share Scheme	10,000
5	Other Fees	-
	Other Complex Transactions / Circulars	25,000

Annual Listing Fee

Fee Structure

Av. Mkt Capitalisation (Rs)	Initial Listing Rate (Rs)	Additional Listing Rate (Rs)
up to 50M	38,900	19,450
Rs 50,000,001 to 100M	58,400	29,200
Rs 100,000,001 to 200M	84,300	42,150
Rs 200,000,001 to 400M	103,800	51,900
Rs 400,000,001 to 800M	123,100	61,550
Rs 800, 000,001 to 1000M	142,800	71,400
Rs1, 000,000,001 to 2000M	175,200	87,600
Rs 2, 000,000,001 to 5,000M	194,500	97,250
Rs 5, 000,000,001 to 10,000M	227,000	113,500
Above Rs10, 000M	227,000 + .001 % on excess over Rs 10,000M	113,500 + .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)