On Jul. 17, GE DBoerse detailed amendment of fees for admissions.
GE DBoerse issued amendment of fees for admission and introduction as well as listing of shares and certificates representing shares on the regulated market and on the segment of the regulated market with further admission obligations on prime standard.
Amendment Overview
In its session on Jul. 6, 2023, the Exchange Council of the Frankfurt Stock Exchange (FWB) decided to amend Fee Regulations in the Fourteenth Amendment Ordinance.
The fee increases will affect the initial admission of shares and certificates representing shares, as well as the admission of shares and certificates that are representing shares of issuers that have already been admitted to FWB, and are therefore able to trade.
Also, the introduction of shares and certificates representing shares after the initial admission and the listing of shares and certificates representing shares which are then admitted to trading in the Regulated Market in General Standard and Prime Standard.
The fees for the introduction of shares and certificates representing shares that are already admitted to the FWB, in § 14 Para 1 Clause 2 Fee Regulations, will be reduced.
Users are recommended to get acquainted with the Fourteenth Amendment Ordinance to Fee Regulations FWB, in order to understand the changes and to prepare for them.
Effectiveness
The range of affected fees will all be amended with effect from Jan. 1, 2024.
Dec. 2023 Reminder of Effectiveness
On Dec. 28, 2023, GE DBoerse issued a reminder on amendment of fees for admission and introduction as well as listing of shares and certificates representing shares.
The change affects shares on the Regulated Market (General Standard) and on the segment of the Regulated Market with further admission obligations (Prime Standard).
GE DBoerse refers specifically to the fee regulations (Reg FWB12e), and the Fourteenth Amendment Ordinance to the Fee Regulations FWB (Reg FWB12).
The fee regulations and Fourteenth Amendment Ordinance are effective Jan. 1, 2024.
Aug. 2024 Amended FWB Fees
On Aug. 14, 2024, GE DBoerse issued cir 029/2024 on changes of fees for admission, introduction, listing of shares and certificates representing shares on the regulated market and on its segment with further admission obligations (prime standard).
The Fifteenth Amendment Ordinance to the Fee Regulations FWB has visible changes.
The fees for the introduction of shares and certificates representing shares that are already admitted to the Frankfurt Stock Exchange will be reduced (§ 14, para 1(2)).
The following fees will be increased: initial admission of shares and certificates representing shares; introduction of shares and certificates after the initial admission.
Admission of further shares, certificates representing shares of issuers whose shares or certificates representing same class-shares are already admitted to trading on FWB.
The annual listing of shares and certificates representing shares which are admitted to trading in the Regulated Market; fee amendments will enter into force on Jan. 1, 2025.
Dec. 2024 Reminder
On Dec. 12, 2024, GE DBoerse issued cir 056/2024 Amendment of fees for admission and introduction as well as listing of shares and certificates representing shares on the Regulated Market (General Standard) and on the segment of the Regulated Market with further admission obligations (Prime Standard) effective Jan. 1, 2025.
Reminder of the most important aspects of amendments announced in cir 029/2024.
