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PROCESSING FEES
| FIRST BOARD |
SECOND BOARD |
SME BOARD |
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Upon application, the applicant company shall pay a non-refundable processing fee of P50,000 plus other incidental expenses.
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Upon application, the applicant company shall pay a non-refundable processing fee of P20,000 plus other incidental expenses.
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LISTING FEES
| FIRST BOARD |
SECOND BOARD |
SME BOARD |
| First P5 b |
1/10 of 1% or P500,000.00 whichever is higher |
| Second P5 b |
P5 m + 1/20 of 1% of excess over P5 b |
| Third P5 b |
P7.5 m + 1/30 of 1% of excess over P10 b |
| Fourth P5 b |
P9.166666 m + 1/40 of 1% of excess over P15 b |
| Excess P20 b |
P10.416666 m + 1/50 of 1% of excess over P20 b of market value of shares applied for listing based on offer price.
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If the exact offer price is still to be determined from a price range set by the applicant company, the maximum price in the price range shall be used as basis for the computation of the listing fees. As soon as the exact offer price is determined, the Exchange shall reimburse the excess amount within 15 calendar days.
Applicant companies shall pay the listing fee as soon as practicable which in no case shall be later than 15 calendar days from receipt of the Notice of Approval from the Exchange. If the applicant company fails to pay within the prescribed period, the applicant company shall incur a surcharge of 25% plus 1% interest (based on the listing fee) for every day of delay.
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Fixed listing fee of P50,000.00.
If the company fails to pay within the prescribed period, a surcharge of 25 % plus 1% interest (based on the listing fee) for everyday of delay shall be imposed.
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ANNUAL LISTING MAINTENANCE FEE
| FIRST BOARD |
SECOND BOARD |
SME BOARD |
1/100 of 1% of market capitalization as of the last trading day of the immediately preceding year, but in no case to be less than P200,000.00 nor more than P1,000,000.00 for each listed company.
To be paid on or before January 15 of each year, with an allowable grace period of one week.
The listed company shall be assessed a fine of P1,000.00 for every calendar day of delay. If the company fails to remit the maintenance fee by February 15 of that same year, the Exchange shall discontinue assessing the company the fine but it shall automatically suspend the company from trading for 2 months or until April 15. If the listed company still fails to pay the required fee after April 15, the listed company shall be considered for delisting in accordance with the Delisting Rules of the Exchange.
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P100.00 for every P1,000,000.00 market capitalization of listed shares as of the last trading day of the immediately preceding year, but in no case shall it be less than P20,000.00 nor more than P200,000.00.
The listed company shall be assessed a fine of P1,000.00 for every calendar day of delay. If the company fails to remit the maintenance fee by February 15 of that same year, the Exchange shall discontinue assessing the company the fine but it shall automatically suspend the company from trading for 2 months or until April 15. The company shall be delisted without prejudice to the payment of the proportionate maintenance fees of the Exchange.
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ANNUAL MAINTENANCE FEE FOR SUBSCRIPTION WARRANTS
| FIRST BOARD |
SECOND BOARD |
SME BOARD |
The annual maintenance fee for Subscription Warrants shall be based on the total funds which would be raised from the full exercise of the warrants, to wit:
Percentage of Existing Issued
Share Capital Subject to
To Warrants
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Total Funds Which Would be Raised
on Full Exercise of the Warrants
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Not Exceeding
P500 M |
Not Exceeding
P1 B |
Above
P1 B |
| Not exceeding 10% |
P150,000.00 |
P250,000.00 |
P300,000.00 |
| Not exceeding 50% |
150,000.00 |
250,000.00 |
400,000.00 |
| Not exceeding 100% |
250,000.00 |
300,000.00 |
450,000.00 |
| Over 100% |
300,000.00 |
400,000.00 |
600,000.00 |
The maintenance fee is payable upon the approval of the application for listing of Subscription Warrants of an application and/or listed company by the Board of Directors.
If the Subscription Warrants are listed anytime during the year, the applicant company shall pay a maintenance fee covering the quarter when the warrants were listed until yearned.
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