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    CSE amends listing fees

    April 10, 2015

    Sri Lanka's Colombo Stock Exchange (CSE) has amended the fees which should be payable by companies when seeking a listing of its securities, the Bourse said in a statement Thursday (April 09).

    The CSE said section on listing fees has been amended and the amendments have been approved by the Securities and Exchange Commission (SEC) by a letter dated 6th April 2015.

     

    The effective date of the amended fees is 6th April 2015.

     

    According to the new rules, the initial listing fee payable when the ordinary voting shares of an Entity are listed on the Exchange shall be Rs.150,000.

     

    The initial listing fee payable when the ordinary voting shares of an Entity are listed on the BOI Board of the Exchange will be Rs.500,000.

     

    An Entity which has listed its ordinary voting shares on the Exchange (including listings on the BOI Board) will have to pay an annual listing fee of Rs. 100,000 or 0.003% of the market capitalization of the Listed Entity as at 31st December of the year immediately preceding, whichever is higher, subject to a maximum of Rs.2 million.

     

    The amended rules can be viewed on the official CSE website at www.cse.lk.

    Last modified on Friday, 10 April 2015 16:00

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