Issuers: Issuer Fees

Issuers pay the following fees on Progress Market:

  • The fee in respect of processing an application for admission to trading
  • The fee in respect of processing an application for admission to trading on the Progress market is HRK 500.00 (EUR 66.36*). The confirmation of the paid application processing fee is submitted together with the full documentation specified in Progress Market Rules.

    If the application for admission to trading on the Progress Market is granted, the amount of the application processing fee will be deducted from the total fee amount.

     

    * The fee is one-off and exclusive of VAT. Informative fee using the fixed conversion rate.

  • The fee in respect of admission to trading
  • The fee in respect of admission to trading amounts to HRK 11,000.00 HRK (EUR 1,459.95*). It is payable for the first year following the day of admission to trading.

     

    * The fee is one-off and exclusive of VAT. Informative fee using the fixed conversion rate.

  • The fee in respect of admission to trading maintenance
  • The fee in respect of admission to trading maintenance on the Progress Market is HRK 6,000.00 (EUR 796,34*). It is payable for each year in advance, with the exception of the first year, and becomes due for payment one year from the day of admission to trading.

    The first day of admission to trading is the day on which the Exchange issues a decision admitting the security to trading on the Progress market.

     

    * The fee is annual and exclusive of VAT. Informative fee using the fixed conversion rate.

  • The fee payable for changes in the characteristics of securities admitted to trading
  • The fee payable for changes in the characteristics of securities admitted to trading on the Progress Market is HRK 10,000.00 (EUR 1,327.23*)

    Changes in the characteristics are the following:
    • share capital increase (with no new share issues);
    • share capital reduction;
    • stock split or reverse stock split;
    • swapping of par value shares for no-par value shares;
    The fee payable for changing the ticker of securities at the request of the issuer is HRK 10,000.00 (EUR 1,327.23*).

    In the event of simultaneous multiple changes in the characteristics of securities admitted to trading on the Progress Market, each change is subject to a separate charge.
     

    * The fee is one-off and exclusive of VAT. Informative fee using the fixed conversion rate.