S.L. 345.28 Art. 8Fees in relation to the approval of prospectuses and admissibility to listing.

A person applying to the competent authority for the approval of a prospectus and, or the admissibility to listing of securities on a local regulated market shall, upon submission of an application to the competent authority for approval or admissibility in accordance with article 15 of the Act, pay to the competent authority the fees established in the Third Schedule, as applicable:

Provided that the fee due in accordance with this regulation with respect to every debt security assigned an ISIN, including Malta Government stocks, shall be the following:

(a) where the market capitalisation of a debt security is up to twelve million and five hundred thousand euro (€12,500,000), thirteen thousand euro (€13,000);

(b) where the market capitalisation of a debt security is more than twelve million and five hundred thousand euro (€12,500,000) but less than fifty million euro (€50,000,000):

(i) ten thousand euro (€10,000) for the first twelve million and five hundred thousand euro (€12,500,000) in market capitalisation; and

(ii) three thousand euro (€3,000) for every additional two million and five hundred thousand euro (€2,500,000) in market capitalisation or part thereof;

(c) where the market capitalisation of a debt security is more than fifty million euro (€50,000,000):

(i) fifty five thousand euro (€55,000) for the first fifty million euro (€50,000,000) in market capitalisation; and

(ii) two thousand and five hundred euro (€2,500) for every additional two million and five hundred thousand euro (€2,500,000) in market capitalisation or part thereof:

Provided further that, in any case, the aggregate of the amounts referred to in sub-paragraphs (i) and

(ii) of paragraph (c) of the first proviso shall not exceed one hundred thousand euro (€100,000).