What incentives will be available in the market?
In the interest of attracting issuers, there will be two key incentives available to those looking to be admitted to BSE Xtend. There are tens of billions of forints available in the National Stock Exchange Development Fund to companies listing their shares on BSE Xtend, and there are also state grants on offer to support preparation for public listing as part of the Economic Development and Innovation Operating Programme (GINOP)
What fees should be expected? Issuers’ fees on BSE Xtend will be considerably lower than on the BSE’s regulated markets:
|BSE Xtend||Regulated markets|
|Admission related fees||HUF 500,000 (fee for approving the information dodument)||HUF 1.1 million (prospectus approval fee)|
|Fee for continued trading/year||0.005% of the Capitalisation, but in any case at least HUF 500,000, and at most HUF 3,000,000, see furthermore the point 126.96.36.199 of the Fee Regulations||HUF 3,600,000 - 18,000,000|
|Nominated Adviser fees|
|Annual fee||HUF 500,000|