Issuers: Issuer Fees

Issuers pay the following fees on Zagreb Stock Exchange:

  • Listing fee
  • The fee payable for listing shares, closed-end investment fund (CEIF) shares and bonds on the Official Market and the Prime Market depends on the nominal  value of all financial instruments listed as follows:
        Listing fee Minimum Maximum

    Prime market    		 Shares and CEIF shares 0,08% EUR 11,700.00 EUR 23,400.00
    Bonds 0,03% EUR 4,400.00 EUR 14,600.00

    Official market    		 Shares and CEIF shares 0,065% EUR 11,000.00 EUR 22,000.00
    Bonds 0,025% EUR 4,400.00 EUR 14,600.00





    Regular market    		 Shares and CEIF shares EUR 5,100.00 - -
    Bonds EUR 2,200.00 - -
    Structured products
    1 - 15

    16 - 30

    31 or more
    EUR 450.00

    EUR 300.00

    EUR 240.00    		  
    -
    -
    ETF-s
    1 - 3

    4 - 8 

    more than 8
    EUR 450.00

    EUR 300.00

    EUR 240.00
    -
    -
    Official market
    Regular market    		 Money market instruments EUR 880.00 - -
    Other financial instruments with a maturity of more than one year
    		EUR 880.00 - -

    If several financial instruments of the same Issuer are listed on the regulated market at the same time, the Exchange may grant a discount to the Issuer for the second and each subsequent listing. Successive listings of individual issues of money market instruments issued under the same programme are deemed to be new listings.

    *In respect of the shares with no stated nominal (par) value, the fee payable in accordance with this Price List based on the nominal value is calculated by using the share capital ratio to the number of shares outstanding.

    The maintenance fee in respect of financial instruments is payable for each year of listing in advance, with the exception of the first year, and becomes due for payment one year from the day of listing. The first day of listing is the day on which the Exchange issues a decision listing the financial instrument on the regulated market.
  • Listing maintenance fee
  • The listing maintenance fee payable in respect of shares and CEIF shares on the Prime Market, Official Market and Regular Market depends on the market capitalisation of all shares listed, as follows:
     
        Listing fee Minimum Maximum

    Prime market    		 Shares and CEIF shares 0,03% EUR 7,000.00 EUR 14,600.00
    Bonds EUR 2,900.00 - -

    Offical market    		 Shares and CEIF shares 0,035% EUR 5,800.00 EUR 14,600.00
    Bonds EUR 2,200.00 - -



    Regular market    		 Shares and CEIF shares 0.03% EUR 2,900.00 EUR 7,300.00
    Bonds EUR 2,200.00 - -
    Structured products EUR 220.00
    -
    		 -
    ETF-s EUR 220.00 - -
    Official market
    Regular market    		 Other financial instruments with a maturity of more than one year
    		EUR 880.00 - -

     

    The listing fee and the listing maintenance fee, as well as the fee payable for admission to trading and for admission to trading maintenance in respect of the financial instruments which, according to the rights attaching to them, stand for other financial instruments are payable at the rates applicable to the financial instrument that they stand for.
  • Fee payable for changes in the characteristics of listed financial instruments
  • The fee payable for  changes in the characteristics of shares and bonds listed on the regulated market  is EUR 1,450.00.

    The fee payable for changes in the characteristics of other financial instruments listed on the regulated market is EUR 290.00.

    In the event of simultaneous multiple changes in the characteristics of listed financial instruments each change is subject to a separate charge.
     
     Changes in the characteristics of listed financial instruments are the following :
    1. share capital increase (with no new share issues);
    2. share capital reduction;
    3. stock split or reverse stock split;
    4. swapping of par value shares for no-par value shares;
    5. increase in the issue or cancellation of a part of the issue of money market instruments, etc.
     
    The fee payable for changing the ticker of financial instruments listed on the regulated market and admitted to trading on the Progress Market at the request of the issuer is EUR 1,450.00.
  • Delisting fee
  • Delisting fee payable for delisting the shares listed on the Official or on the Prime market is EUR 5,100.00, and delisting fee payable for delisting the shares listed on the Regular market is EUR 1,450.00. The fee is payable when delisting occurs under a resolution of the shareholder assembly to delist the securities from the regulated market.
Issuers